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Question 8 (10 points) Citizen Supplies Ltd. Issued 4,000 $6 Cumulative Preferred Shares and 80,000 Common Shares. The Company declared the following cash dividends: Year

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Question 8 (10 points) Citizen Supplies Ltd. Issued 4,000 $6 Cumulative Preferred Shares and 80,000 Common Shares. The Company declared the following cash dividends: Year 1 $30,000 Year 2 $24,000 Year 3 $48,000 Year 4 $19,000 Year 5 $35,000 Use the boxes provided below to allocate the cash dividends between preferred shares (left box) and common shares (right box) for each year below. This question is auto-graded. Do not enter "$" or "" or "" in your response. Simply type the amount, such as "1000". If the amount is zero, type "0". Failure to follow this instruction may result in your response being marked as incorrect. What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 1 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 2 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 3 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 4 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 5 Stock Dividends & Stock Split What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 1 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 2 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 3 What is the allocation of dividends between (1) Preferred and (2) Common for YEAR 4

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