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Preferred stock10% cumulative; participating to the extent of 3% above preference rate; par value $100; authorized, 50,000 shares; issued, 10,000 shares. Common stockPar value $100;
Preferred stock10% cumulative; participating to the extent of 3% above preference rate; par value $100; authorized, 50,000 shares; issued, 10,000 shares. Common stockPar value $100; authorized, 100,000 shares; issued, 10,000 shares. The total dividend payments made during the first five years follow: Year Total Dividend Payment 1 $210,000 2 280,000 3 40,000 4 370,000 5 50,000
A. The total preferred dividend paid in year 1:
B. In year 5, the common dividend paid
Can you please show me to calculate, thank you
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