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Holt Company paid out cash dividends at the end of each year as follows: Year Dividends 2018 $230,000 2019 $326,000 2020 $375,000 Assume that

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Holt Company paid out cash dividends at the end of each year as follows: Year Dividends 2018 $230,000 2019 $326,000 2020 $375,000 Assume that Holt had 270,000 common shares and 10,000, $7, non-cumulative preferred shares. How much cash would be paid out in 2018, 2019, and 2020 to each class of shares? Year 2018 2019 2020 Preferred LA $ $ eTextbook and Media LA LA LA Common +A to LA Total Assume that Holt had 100,000 common shares, and 5,000, $4, cumulative preferred shares that were three years in arrears as at January 1, 2018. How much cash would be paid out in 2018, 2019, and 2020 to each class of shares? Year Preferred $ 2018 2019 64 2020 $ 1A LA LA Common LA Total

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