AutoSave Class Exercise Dividends(1) Excel Ashley Persaud - File Insert Draw Page Layout Formulas Data Review View Tell me what you want to do Home Calibri 11A A Wrap Text B 1 u.-.S, .A. Merge & Center. $.96 , .00 .00 Formatting . For Sort &Find & Filter Select Table, Styles , Insert Delete. Font Cells Editing P17 A BC Class Exercise Chapin Co. has 3,000 of $100 par value 5% preferred stock and 20,000 of $10 par value common stock outstanding No dividends were declared during 2012 and 2013. In 2014 and 2015, Chapin declared and paid dividends of $8,000 1and $25,000 respectively. For 2016, the company declared dividends of $150,000 Instructions How much will the preferred and common stockholders receive under each of the following assumption:s (a) The preferred is noncumulative 10 2012 2013 2014 2015 2016 12 13 14 15 Declared Preferred Dividends Paid Preferred Dividends in arrears Common Dividends Paid Calculate Dividends per share 17 18 19 (a) The preferred is cumulative 21 2012 20132014 2015 2016 Declared Preferred Dividends Paid Sheet1 Sheet2 Sheet3 Ready 8:00 AM E 10/30/2017 1 Type here to search