Required information Use the following information for the Exercises below. {The following information applies to the questions displayed below.) York's outstanding stock consists of 60,000 shares of noncumulative 70% preferred stock with a $5 par value and also 210,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends. $ Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 10,900 19,000 205,000 355.000 Exercise 11-10 Dividends on common and noncumulative preferred stock LO C2 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common (Round y "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Number of preferred Preferred Preferred Share Shares Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 Year 3 10,900 19.000 205.000 355.000 Year 4 Total: 589.900 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below. On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock dividend or split, Sharper declares and immediately distributes a 50% stock dividend. Common Stock-$10 par value, 120,000 shares authorized, 74,800 shares issued and outstandine Paid in capital in excess of par value, common stock Retained earnings Total stockholders equity $ 740,000 320,000 720,000 $1,780,000 Exercise 11-7 Stock split LO P2 Assume that instead of distributing stock dividend, Sharper did a 3.for 1 stock split. Required: (1) Prepare the updated stockholders' equity section ofter the split (2) Compute the number of shares outstanding after the split Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the updated stockholders' equity section after the split. SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 Total stockholders' equity S Required 2 > Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) IN On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50% stock dividend. Common stock-$10 par value, 120,000 shares authorized, 74,800 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 740,000 320,000 720,000 $1,780,000 Exercise 11-7 Stock split LO P2 Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split. Required: (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of shares outstanding after the split Number of common shares outstanding
