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[The following information applies to the questions displayed below.] Green Planet Corporation has 5,800 shares of noncumulative 12% preferred stock with a $2 par value

[The following information applies to the questions displayed below.] Green Planet Corporation has 5,800 shares of noncumulative 12% preferred stock with a $2 par value and 22,900 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends. Year 1 total cash dividends $ 620 Year 2 total cash dividends 2,290 Compute the dividends paid each year to each of the two classes of

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