Michigan Manufacturing Inc. reported the following: LOADING... (Click the icon to view the data.) Michigan Manufacturing has paid all preferred dividends through 2016. Requirement Compute the total amounts of dividends to both preferred and common shareholders for 2019 and 2020 if total dividends are $70,000 in 2019 and $140,000 in 2020. Compute the total amounts of dividends to both preferred and common for 2019 if total dividends are $70,000 in 2019.

Michigan Manufacturing Inc. reported the following: (Click the icon to view the data.) Michigan Manufacturing has paid all preferred dividends through 2016. Requirement Compute the total amounts of dividends to both preferred and common shareholders for 2019 and 2020 if total dividends are $70,000 in 2019 and $140,000 in 2020. Compute the total amounts of dividends to both preferred and common for 2019 if total dividends are $70,000 in 2019. Class of Shares 2019 Dividends Preferred Common Total 70,000 $ Compute the total amounts of dividends to both preferred and common for 2020 if total dividends are $140,000 in 2020 2020 Dividends Class of Shares Preferred Common Data Table - X $ 140,000 Total Shareholders' Equity Preferred shares, cumulative, $0.05, 45,000 shares issued ...... $ Common shares, 9,230,000 shares issued 45,000 923,000 Enter any number in the edit fields and then continue to the next question. Save for Later Print Dana pdf (2).pdf Show all It Type here to search O 9 WT 12:01 PM 11/21/2020 15