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Iceberg Products Inc. declared cash dividends of $68,200 to shareholders on record on December 1, 2023. Outstanding shares include 70,700 common shares worth $212,100 and
Iceberg Products Inc. declared cash dividends of $68,200 to shareholders on record on December 1, 2023. Outstanding shares include 70,700 common shares worth $212,100 and 8,500, $3 non-cumulative preferred shares worth $272,000. No new shares were issued during the year. Calculate how much in dividends will be paid to the preferred shareholders in 2023. How much will be left over to pay the common shareholders in 2023? Do not enter dollar signs or commas in the input boxes. Total Cash Dividend: $Answer 68200 Preferred Shareholder: $Answer 19300 Common Shareholder: $Answer 220600
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