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Green Planet Corporation has $5,900$ shares of noncumulative $10\%$ preferred stock with a $$2$ par value

and $18,000$ shares of common stock with a $$0\mathrm{.}01$ par value. During its first two years of operation,

Green Planet declared and paid the following total cash dividends.

QS $11-14($Algo$)$ Dividends on cumulative preferred stock LO C$2$

Compute the dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is

cumulative.