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Remaining Time: 1 hour, 53 minutes, 11 seconds. Question Completion Status: Moving to another question will save this response. Question 3 (3 Grades) Question 3

Remaining Time: 1 hour, 53 minutes, 11 seconds. Question Completion Status: Moving to another question will save this response. Question 3 (3 Grades) Question 3 of 15 3 points On January 1, 2018, Manama Company has 8% 45,000 shares of $20 par value, Cumulative preferred stock and 120,000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows:: 2018 2019 2020 $70,000 $90,000 $130,000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years. Please: Present each year in a separate line. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial this rocnonse 10pt V A LXQ 0 WORDS POWERED Que

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