Question: Please help me know where the numbers in red circle come from !! Dividends on Preferred and Common Stock Yosemite Bike Corp. manufactures mountain bikes
Please help me know where the numbers in red circle come from !!
DividendsonPreferredandCommon Stock
Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends over a six-year period ended December 31 of each year: Year 1, $24,000; Year 2, $10,000; Year 3, $126,000; Year 4, $100,000; Year 5, $125,000; and Year 6, $125,000. During the entire period, theoutstanding stockof the company was composed of 25,000 shares ofcumulative preferred2% stock, $90par, and 100,000 shares of common stock, $4 par.
Required:

Required Determine the total dividends and the per -share dividends declared on each class of stock for each of the six years . There Were no dividends in arrears at the beginning of Year 1 Summarize the data in tabular form . If required , round your answers two decimal places . If the amount is zero , please enter " , " Preferred Dividends Common Dividends Total Dividends per Share Total Share Year 1 $24,000 24.090 96/V DIV Year 2 10 000 10 090 Q . 4/V Year 3 126000 101 900/ 4 041 4 25 , DOOR 0 . 25/ V Year4 100,000 5 090/ 1. 8/V 35 00 ) Year 5 125,000 45090 8 / V 80.000 0. 8 / V Year 6 125, 000 45, 000 18/V 80 009/ V O . BIV 10 . 81
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