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Style Co. has 10,000 shares of 3%, $10 par value cumulative preferred stock and 90,000 shares of $2.00 par common stock outstanding. The company declared
Style Co. has 10,000 shares of 3%, $10 par value cumulative preferred stock and 90,000 shares of $2.00 par common stock outstanding. The company declared and paid the following dividends in each of three years: 2010, $2000; 2011, $14,000 and 2012, $19,000. Determine the total amount of dividends to the preferred stockholders and common stockholders for each of the years. (Enter an amount in each cell, including a zero if no dividend is paid to the stockholders.)
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