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Required Information [The following information applles to the questions displayed below.] Green Planet Corporation has 6,400 shares of noncumulative 10% preferred stock with a $2

image text in transcribed Required Information [The following information applles to the questions displayed below.] Green Planet Corporation has 6,400 shares of noncumulative 10% preferred stock with a $2 par value and 21,400 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and pald the following total cash dividends. Compute the dividends pald each year to each of the two classes of stockholders assuming that the preferred stock is cumulat/ve

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