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P Question 13 of 15 3 points Save Arowet (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $10 par value,

P Question 13 of 15 3 points Save Arowet (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $10 par value, Cumulative preferred stock and 140,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Year 2018 2019 2020 Dividends $50,000 $110,000 $190,000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years. Please: Present each year in a separate line. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial V 10pt 24 I. X Hi 5211 494 DWORDS POWERED

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