none at this time

Egyptian Enterprises has both common and preferred stock. There are 100,000 shares of $1 par common stock outstanding and 6,000 shares of $11 par, 7% cumulative preferred stock outstanding. The company did not pay any dividends in 2019. Distribute dividends to each class of stockholders using the following information: Year Dividends Declared 2020 $9,000 2021 $8,000 2022 $8,500 Year Preferred Common 2020 2021 2022 Get help: Video Video Video