Question: Please write the solution clearly because sometimes not all the solved numbers appear (3 Grades) On January 1, 2018 Manama Company has 8% 80 000

Please write the solution clearly because sometimes not all the solved numbers appear

(3 Grades) On January 1, 2018 Manama Company has 8% 80 000 shares of $20 par value Cumulative preferred stock and 280,000 shares of common source and outstanding at $5 par value. The Company declared and paid cash dividends as follows Year Dividends 2018 $100,000 2019 $220,000 2020 $380 000 Required: In the below table, determine the amount of cash dividends distributed to each class of shares over the three years Please: Present each year in a separate line For the toolbar, press ALT-10 (PC) or ALTHEN*F10 (Mac). B I us Paragraph Arial 10pt 2 IX

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