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Plz, provide the detail and how the line highlighted effects the dividends. 3. On January 1, 2011, a company had the following data: - issued
Plz, provide the detail and how the line highlighted effects the dividends.
3. On January 1, 2011, a company had the following data: - issued 10.000 shares of $2.00 par value common stock for $12.00 per share - issued 3.000 shares of $50 par value 6% cumulative preferred stock for $70 per share purchased 1,000 shares of previously issued common stock for $15.00 per share The company had the following dividend information available: 2011 - No dividend paid 2012 - Paid a $2.000 total dividend 2013 - Paid a $17,000 total dividend 2014 - paid a $32,000 total dividend Using the following format, fill in the correct values for each year; 2012 2013 2014 2011 Common stock dividend Preferred stock dividend Dividends in arrears Preferred Dividend per Share Common Dividend per Share As per given details please refer belowStep by Step Solution
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