Keener Company has had 1,100 shares of 7%, $100 par preferred stock and 38,000 shares of...

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Keener Company has had 1,100 shares of 7%, $100 par preferred stock and 38,000 shares of $5 stated-value common stock outstanding for the last 3 years. During that period, dividends paid totaled $6,400, $27,700, and $32,100 for each year, respectively. Required: Compute the amount of dividends that Keener must have paid to preferred shareholders and common shareholders in each of the 3 years, given the following 3 independent assumptions: If an amount is zero, enter "0". 3. Preferred stock is fully participating and cumulative. Keener Company Schedule of Dividends Preferred Year 1 6,400 Common Total 0 6,400 Year 2 15,732 x 17,600 x 27,700 Year 3 16,728 X 24,400 x $ 32,100 Keener Company has had 1,100 shares of 7%, $100 par preferred stock and 38,000 shares of $5 stated-value common stock outstanding for the last 3 years. During that period, dividends paid totaled $6,400, $27,700, and $32,100 for each year, respectively. Required: Compute the amount of dividends that Keener must have paid to preferred shareholders and common shareholders in each of the 3 years, given the following 3 independent assumptions: If an amount is zero, enter "0". 3. Preferred stock is fully participating and cumulative. Keener Company Schedule of Dividends Preferred Year 1 6,400 Common Total 0 6,400 Year 2 15,732 x 17,600 x 27,700 Year 3 16,728 X 24,400 x $ 32,100