Wade’s outstanding stock consists of 46,000 shares of
noncumulative 5.20% preferred stock with a $10 par value
and also 115,000 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.

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Question: Wade’s outstanding stock consists of 46,000 shares of noncumulative 5.20% preferred stock with a …
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  2011 $ 19,000
  
  2012 30,000   
  2013 110,000   
  2014 192,000   

    

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 “0” wherever required. Omit
the “$” sign in your response.)

    

     Preferred Common
2011 $        $        
2012 $        $        
2013 $        $        
2014 $        $        

    

Compute 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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