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Wade's outstanding stock consists of 60,000 shares of cumulative 8.00% preferred stock with a $10 par value and also 150,000 shares of common stock with
Wade's outstanding stock consists of 60,000 shares of cumulative 8.00% preferred stock with a $10 par value and also 150,000 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 $ 38,000 2012 42,000 2013 88,000 2014 128,000 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 A A A A A A A A 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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