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Wade's outstanding stock consists of 30,000 shares of noncumulative 6.40% preferred stock with a $10 par value and also 75,000 shares of common stock with
Wade's outstanding stock consists of 30,000 shares of noncumulative 6.40% preferred stock with a $10 par value and also 75,000 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 $ 15,000 2012 29,000 2013 90,000 2014 194,000 Determine the amount of dividends pald 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 $ 15000 0 2012 $ 29000 $ 2013 $ 90000 $ 45000 x 2014 $ 125000 $ 75000 U Compute the total dividends pald to each class for the four years combined. (Omit the "$" sign in your response.) Preferred Common Total dividends for four years $ 6300 $ 2900
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