11:21 PM Tue Oct 13 97% IO 5 + : II. 10 points The Bayside Corporation had stock outstanding during its first five years of operation: 2, 000 shares of 5%, $100 par, non-cumulative, fully participating preferred and 10,000 shares of $10 par common. At the end of each of the five years, the cash and retained earnings balances were as follows: Year Cash $5,000 7,000 19,000 27,000 33,000 Retained Earnings $4,000 6,000 18,000 30,000 36,000 man In each year, Bayside paid the maximum amount of cash dividends. REQUIRED: Using the form provided below, determine the amounts to be paid to preferred and to common in cach year: : Show all supporting calculations for each class of stock or no credit. Year Preferred Common 1 2 3 4 5 Knio > 1