Question: q3 SUCC Question 3 3 points Save Answer (3 Grades) On January 1, 2018 Manama Company has 8% 80,000 shares of $20 par value, Cumulative

q3 SUCC Question 3 3 points Save Answer (3 Grades) On

SUCC Question 3 3 points Save Answer (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 stock authorized, issued and outstanding at $5 par value. The Company declared and paid cash dividends as follows: Year Dividends 2018 S100 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-F10 POR ALT-FN-F10 (Mac). BI U S Paragraph Arial TE A a 30 E

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