Question: 3 es Required information Problem 8-24 (Algo) Common and preferred stock-issuances and dividends LO 1, 2 [The following information applies to the questions displayed below.]

3 es Required information Problem 8-24 (Algo) Common and preferred stock-issuances and dividends LO 1, 2 [The following information applies to the questions displayed below.] Permabilt Corp. was incorporated on January 1, 2019, and issued the following stock for cash: . 1,800,000 shares of no-par common stock were authorized; 318,000 shares were issued on January 1, 2019, at $31 per share. 402,000 shares of $100 par value, 9.50% cumulative, preferred stock were authorized; 132,000 shares were issued on January 1, 2019, at $132 per share. . No dividends were declared or paid during 2019 or 2020. However, on December 22, 2021, the board of directors of Permabilt Corp. declared dividends of $6,420,000, payable on February 12, 2022, to holders of record as of January 8, 2022. Problem 8-24 (Algo) Part b b. Of the total amount of dividends declared during 2021, how much will be received by preferred shareholders? Dividends received by Preferred shareholders [The following information applies to the questions displayed below.] Permabilt Corp. was incorporated on January 1, 2019, and issued the following stock for cash: 1,800,000 shares of no-par common stock were authorized; 318,000 shares were issued on January 1, 2019, at $31 per share. 402,000 shares of $100 par value, 9.50% cumulative, preferred stock were authorized; 132,000 shares were issued on January 1, 2019, at $132 per share. No dividends were declared or paid during 2019 or 2020. However, on December 22, 2021, the board of directors of Permabilt Corp. declared dividends of $6,420,000, payable on February 12, 2022, to holders of record as of January 8, 2022. Problem 8-24 (Algo) Part c c. Calculate the common stock dividends per share declared during 2021. (Round your answer to 2 decimal places.) Common stock dividends per share

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