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LO1)1 4 December 31,200, Lebron Company distibutes $50,000of cash dividends is oudsanding common sock has a par value o 4000reeed stodk has a pavaled 100,000

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LO1)1 4 December 31,200, Lebron Company distibutes $50,000of cash dividends is oudsanding common sock has a par value o 4000reeed stodk has a pavaled 100,000 at December 31,2020 locate cash dividends to prefered and common stoo and not cumuative a Show the aloalion o diwdends to each dlass ol slock assuming that the prefered slook dividend is 6 the preceding 2 years

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