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Wade's outstanding stock consists of 35,000 shares of noncumulative 7.80% preferred stock with a $10 par value and also 87,500 shares of common stock with

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Wade's outstanding stock consists of 35,000 shares of noncumulative 7.80% preferred stock with a $10 par value and also 87,500 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 $ 22,000 2012 24,000 2013 90,000 2014 193,000 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.) Common Preferred $ $ 2011 2012 2013 2014 $ Compute the total dividends paid to each class for the four years combined, (Omit the "$" sign in your response.) Preferred Total dividends for four years Common $ $ $

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