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Wade's outstanding stock consists of 13,000 shares of noncumulative 7.40% preferred stock with a $10 par value and also 32,500 shares of common stock with

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Wade's outstanding stock consists of 13,000 shares of noncumulative 7.40% preferred stock with a $10 par value and also 32,500 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends. 2011 $ 8,000 2012 23,000 2013 100,000 2014 198,000 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Leave no cells blank.be certain to enter "O" wherever required. Omit the "$" sign in your response.) Preferred Common 2011 2012 2013 2014 Compute the total dividends paid to each class for the four years combined. (Omit the "$" sign in your response.) Preferred $ Common $ Total dividends for four years

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