Question: not sure how to calculate the 2014 value Question 4 [15 points] Your solution to the question was: United Corporation has issued and outstanding a

not sure how to calculate the 2014 value

Question 4 [15 points] Your solution to the question was: United Corporation has issued and outstanding a total of 25,000 shares of $8 preferred shares and 150,000 common shares. The company began operations and issued both classes of shares on January 1, 2011. Leave no cell blank, fill all cells, even when the total is zero. a) Calculate the total dividends to be paid to each group of shareholders in each year by completing the following chart. Assume that the preferred shares are cumulative. Year Dividends Declared Preferred Dividends Common Dividends and Paid 2011 250,000 200,000 50,000 2012 65,000 65,000 0 2013 40,000 40,000 0 2014 525,000 470,000 55,000 Marking

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