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On January 1, 2017 a company had the following data: - Issued 5,000 shares of $1.00 par value common stock issued 1,500 shares of $25
On January 1, 2017 a company had the following data:
- Issued 5,000 shares of $1.00 par value common stock
issued 1,500 shares of $25 par value 6% cumulative preferred stock
The company had the following dividend information available:
2017 - No dividend paid
2018 - Paid a $500 total dividend
2019 - Paid a $4250 total dividend
2020 - paid a $8,000 total dividend
Using the following format, fill in the correct values for each year:
2017 2018 2019 2019
Common stock dividend
Preferred stock dividend
Dividends in arrears
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