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Total assets $325,000,000 Total liabilities $200,000,000 Stockholders' equity Contributed capital 9%, cumulative preferred stock, $100 par, 300,000 shares issued $30,000,000 Common stock, $1 par, 20,000,000

Total assets $325,000,000

Total liabilities $200,000,000

Stockholders' equity

Contributed capital

9%, cumulative preferred stock, $100 par, 300,000

shares issued

$30,000,000

Common stock, $1 par, 20,000,000 shares issued $20,000,000

Additional paid-in capital, common stock $46,000,000

Total contributed capital $96,000,000

Retained earnings $29,000,000

Total stockholders' equity $125,000,000

1. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total

dollar amount of cash dividends paid to preferred stockholders in the current year ended March 31.

2. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total

dollar amount of cash dividends paid to common stockholders in the current year ended March 31.

3. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the

common stock cash dividends per share paid in the current year ended March 31.

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