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x WECAM RECORDING Remaining Time: 1 hour, 28 minutes, 24 seconds. Question Completion Status: Question 4 (3 Grades) 3 points On January 1, 2018, Manama
x WECAM RECORDING Remaining Time: 1 hour, 28 minutes, 24 seconds. Question Completion Status: Question 4 (3 Grades) 3 points On January 1, 2018, Manama Company has 8% 80,000 shares of $20 par value, Cumulative preferred stock and 200.000 shares of common stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Year 2018 2019 Dividends $100,000 $220,000 2020 $380,000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years. Please: Present each year in a separate line. For the toolbar, press ALT+F10 (PC) or ALT-FN-F10 (Mac) BIYS
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