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On January 1, 2018, Manama Company has 8% 60,000 shares of $20 par value, Cumulative preferred stock and 280,000 shares of common stock authorized, issued

On January 1, 2018, Manama Company has 8% 60,000 shares of $20 par value, Cumulative preferred stock and 280,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Your 2018 2010 Dividends $100.000 $220,000 2020 $380.000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years Please Present nach year in a separate line

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