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On January 1, Year 1, a company had the following transactions: - Issued 10,000 shares of $2.00 par common stock for $12.00 per share. -

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On January 1, Year 1, a company had the following transactions: - Issued 10,000 shares of $2.00 par common stock for $12.00 per share. - Issued 3,000 shares of $50 par, 6% cumulative preferred stock for $70 per share. - Purchased 1,000 shares of previously issued common stock for $15.00 per share. - No other shares of stock were issued or outstanding. The company had the following dividend information available: Year 1 - No dividend paid Year 2 - Paid $2,000 total dividends Year 3 - Paid $20,000 total dividends Year 4 - paid $25,000 total dividends Fill in the correct values for each year. If your answer is zero, please enter "O". Year 1 Year 2 Year 3 Year 4 Common stock dividend Preferred stock dividend Dividends in arrears

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