Question: pless fast A Click Submit to complete this assessment. Question 15 3 pc (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares

pless fast

pless fast A Click Submit to complete this assessment. Question 15 3

A Click Submit to complete this assessment. Question 15 3 pc (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $10 par value, Cumulative preferred stock and 140,000 shares of common stock authorized, issued and out par value. The Company declared and paid cash dividends as follows: Year 2018 2019 2020 Dividends $50,000 $110,000 $190,000 os 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

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