Keener Company has had 1,100 shares of 8%, $100 par preferred stock and 38,000 shares of $5 stated value common stock outstanding for the last 3 years. During that period, dividends paid totaled $7,300, $30,000, and $32,400 for each year, respectively.

Required:

Compute the amount of dividends that Keener must have paid to preferred shareholders and common shareholders in each of the 3 years, given the following 3 independent assumptions: If an amount is zero, enter "0".

3. Preferred stock is fully participating and cumulative.

Keener Company
Schedule of Dividends
		Preferred		Common		Total
Year 1		$		$		$
Year 2		$		$		$
Year 3		$		$		$