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The Purple Grapes Company has 11,000 shares of $3 Non-cumulative Preferred Shares and 2,000 Common Stures. Allocate the dividends to the shareholders. 10,000 10000 Year

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The Purple Grapes Company has 11,000 shares of $3 Non-cumulative Preferred Shares and 2,000 Common Stures. Allocate the dividends to the shareholders. 10,000 10000 Year Dividend Declared Preferred Receive Common Receive 2018 $55,000 2019 $25,000 2020 $140,000

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