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Green Planet Corp. has (a) 6.400 shares of noncumulative 10% preferred stock with a $2 par value and (0) 21,400 shares of common stock with

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Green Planet Corp. has (a) 6.400 shares of noncumulative 10% preferred stock with a $2 par value and (0) 21,400 shares of common stock with a $0,01 por volue. During its first two years of operation, Green Planet declared and paid the following total cash dividends. Compute the dividends paid each year to each of the two classes of stockholders: preferred and common Year 1 total cash dividendo Year 2 total canh dividends $ 650 $2.140 Noncumstative Preferred Common Your Year 2

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