Question: Problem 12-5B Dividend allocation LO5 excel Kangaroo Media In A) CALCULATE TOTAL DIVIDEND FOR EACH GROUP OF SHAREHOLDER IF PREFERED STOCK IS CUMULATIVE : YEAR DIVIDEND DECLARED & PAID PREFERRED DIVIDEND COMMON DIVIDEND 2016 360000 40000*7.20=288000 360000-288000=72000 2017 60000 60000 - 2018 150000 150000 -

Can you please explain me how we get that? PREFERRED DIVIDEND COMMON DIVIDEND 2019: 900000 (288000+228000+138000) =654000 (900000-654000) =246000

Thank You So Much!