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Wade's outstanding stock consists of 56,000 shares of cumulative 6.00% preferred stock with a $10 par value and also 140,000 shares of common stock with

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Wade's outstanding stock consists of 56,000 shares of cumulative 6.00% preferred stock with a $10 par value and also 140,000 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 $ 27,000 2012 28,725 2013 66,100 2014 98,600 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 2011 2012 2013 2014 Preferred $ $ $ $ $ Determine 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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