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Green Planet Corp. has (a) 5,800 shares of noncumulative 12 stock with a $0.01 par value. During its first two years of oper Compute the

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Green Planet Corp. has (a) 5,800 shares of noncumulative 12 stock with a $0.01 par value. During its first two years of oper Compute the divideds paid each year to each of the two cla Year 1 total cash dividends Year 2 total cash dividends $ 620 $2,290 Noncumulative Preferred Common Year 1 Year 2 shares of noncumulative 12% preferred stock with a $2 par value and (b) 22,900 shares of common ing its first two years of operation, Green Planet declared and paid the following total cash dividends. h year to each of the two classes of stockholders: preferred and common. $ 620 $ 2,290 Common

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