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Moving to another custon will save this rese Kingdom Corporation has the following Preferred stock. $10 par value, 8%, 50.000 shares issued $500,000 Common stock,
Moving to another custon will save this rese Kingdom Corporation has the following Preferred stock. $10 par value, 8%, 50.000 shares issued $500,000 Common stock, $15 per value, 300 000 shares issued and outstanding $4,500,000 In 2020, The company declared and paid $30.000 of cash dividends In 2021 The company declared and paid $150,000 of cash dividend Required: How much is the TOTAL cash dividends that will be distributed to prefered and consible over the wors, assuming the preferred stock is Non-cumulative Please DO NOT use the "S" and signs in you answer. For example, if the right answer is Preferee$10,000 and Comman 515,000, it should be EXACTLY written as 10000 15000 Question 9
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