> Preferred and Common Stock?

Preferred and Common Stock?

Posted at: 2014-12-05 
Wade’s outstanding stock consists of 53,000 shares of cumulative 9.00% preferred stock with a $10 par value and also 132,500 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 $ 38,000

2012 41,700

2013 87,700

2014 127,700



Determine the amount of dividends paid each year to each of the two classes of stockholders. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)



Preferred Common

2011 $ $

2012 $ $

2013 $ $

2014 $ $



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 $ $