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had been no change in the number of preferred and common shares outstanding. Required places O Support Finish attempt ... 3 Not changed since last

image text in transcribed had been no change in the number of preferred and common shares outstanding. Required places

O Support Finish attempt ... 3 Not changed since last attempt Question Dividend Distribution A Return to course Marked out of 24.00 Dashboard O Mohamed Abouelnaga v eBook g Print Flag question Gardner Corporation began business on June 30, 2013. At that time, it issued 1 8,000 shares of $50 par value, six percent, cumulative preferred stock and 90,000 shares of $10 par value common stock. Through the end of 201 5, there had been no change in the number of preferred and common shares outstanding. Required a. Assume that Gardner declared dividends of $50,000 in 201 3, $0 in 2014, and $408,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015. Round to two decimal places. Preferred Common Stock Year 2013 $ 2014 2015 Stock Preferred Common per share per share 0 b. Assume that Gardner declared dividends of $0 in 2013, $110,000 in 2014, and $198,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015. Round to two decimal places. Preferred Common Stock Year 2013 $ 2014 2015 Stock Preferred Common per share per share 0 Save Answers Finish attempt ...

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