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PLEASE SHOW YOUR WORK, THANK YOU!!! Robin Corporation has 4,000 shares of 10%, $20 par value cumulative preferred stock, and 100,000 shares of $2 par

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PLEASE SHOW YOUR WORK, THANK YOU!!!

Robin Corporation has 4,000 shares of 10%, $20 par value cumulative preferred stock, and 100,000 shares of $2 par value common stock. On December 31, the company issues the following dividends: 2020: $5,000 2021: $20,000 2022: $45,000 Determine the dividend paid to preferred stockholders and common stockholders in each year. Dividends to Preferred Stockholders in 2020: Dividends to Common Stockholders in 2020: Dividends to Preferred Stockholders in 2021: Dividends to Common Stockholders in 2021: Dividends to Preferred Stockholders in 2022: Dividends to Common Stockholders in 2022

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