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Tho following intormation applios to the questions displayod below] Green Planet Corporation has 5,000 shares of noncumulative 10% preferred stock with a $2 par value
Tho following intormation applios to the questions displayod below] Green Planet Corporation has 5,000 shares of noncumulative 10% preferred stock with a $2 par value and 16,700 shares of common stock with a $0.01 par value. Ouring its first two years of operation, Green planet deciared and paid the following total cash dividends. \begin{tabular}{l|l} Year 1 total cash dividends & $860 \\ Year 2 total cash dividenda & $,670 \end{tabular} Compute the dividends paid each year to each of the two classes of stockholders: preferred and common
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