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Green Planet Corporation has 4,100 shares of noncumulative 14% preferred stock with a $2 par value and 17,900 shares of common stock with a $0.01

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Green Planet Corporation has 4,100 shares of noncumulative 14% preferred stock with a $2 par value and 17,900 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends. mpute the dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative

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