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Question 14 of 16 -14 View Policies Current Attempt in Progress At the beginning of its first year of operations, Coronado Limited has 4,900,$3 preferred

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Question 14 of 16 -14 View Policies Current Attempt in Progress At the beginning of its first year of operations, Coronado Limited has 4,900,$3 preferred shares and 50,000 common shares. Using the format shown below, allocate the total dividend paid in each year to the preferred and common shareholders, assuming that the preferred shares are (a) noncumulative, and (b) cumulative. (a) (b) Dividend Pald Year Noncumulative Preferred Common Cumulative Preferred 1 $14,700 2 9,700 A 3 28,700 4 25,700 red and common shareholders, assuming that (b) tive ed Common $ Attempts: 0 of 5 used Submit

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