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show all calculation please Instructic Assuming that the directors dec should receive under each of the conditions state (a) The preferred stock is cumulative and
show all calculation please Instructic Assuming that the directors dec should receive under each of the conditions state (a) The preferred stock is cumulative and fully participating. (b) The preferred stock is noncumulative and nonparticipating. () The preferred stock is noncumulative and is participating in distributions in excess of a 10% dividend rate on the com E15-23 (LOS) (Preferred Stock Dividends) Cajun Company has outstanding 2,500 shares of $100 par, 6% preferred stock as mon stock and 15e00 shares of $10 par value common. The following schedule shows the amount of dividends paid out over the last years Du Instructions Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per share amounts using the format shown below. Assumptions In (a) Preferred, Noncumulative, and Nonparticipating (b) Preferred, Cumulative, and Fully Participating Paid-Out Preferred Common Year Preferred Common 2015 $13,000 sta 2016 $26,000 ers 2017 $57,000 2018 $76,000 2015 and
show all calculation please
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