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On December 3 1 , 2 0 1 4 . Peat Peaty declared and paid $ 2 5 0 , 0 0 0 of dividends.

On December 31,2014. Peat Peaty declared and paid $250,000 of dividends. No dividends were declared in 2013. Preferred stock: 10,000, Par value $10,10% common stock: 200,000 $2 par value. Prepare a schedule to distribute dividend assuming the following: i. non cumulative and non participating. ii. cumulative and non participating and iii. cummulative and participating

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