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Preferred and Common Stock Dividends Delafield Corporation has a single class of common stock and a single class of cumulative preferred stock. The cumulative preferred
Preferred and Common Stock Dividends Delafield Corporation has a single class of common stock and a single class of cumulative preferred stock. The cumulative preferred stock requires the corporation to pay an annual dividend of $13,000 to preferred stockholders. On January 1, 2023, Delafield's preferred dividends were 1 year in arrears. During the 3 years (2023-2025), Delafield's board of directors determined they would be able to pay $21,000, $19,000, and $27,000, respectively. This information has been coliected in the Microsoft Excel Online fie. Open the spreadsheet, perform the required analysis, and input your answer in the question below. Open-spreadsheet Required: Show how these anticipated payments will be split between preferred and common sockholders. If an amount box does not require an entry. leave it blank and if the answer is rero, enter 10 ". Preferred ar d Common Stock Dividends Delafield Corporation has a singie class of common stock and a single class of cumulative preferred stock. REQUIRED: Show how these anticipated payments will be spli between preferred and common stochtholders. Using formulas and cell reterences from the problem data, perform the requited analysis. Formulas entered in the green cells show in the orange cels Transler amounts to CNOWNz for grading
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