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Required information [The following information applies to the questions displayed below] Green Planet Corporation has 5.800 shares of noncumulative 12% preferred stock with a $2

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Required information [The following information applies to the questions displayed below] Green Planet Corporation has 5.800 shares of noncumulative 12% preferred stock with a $2 par value and 21,500 shares of common stock with a $0.01 par value. During its first two years of operation. Green Planet declared and paid the following total cash dividends. Compute the dividends paid each yearto each of the two classes of stockholders: preferred and common

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