[The following information applies to the questions displayed below.) Green Planet Corporation has 6,900 shares of...

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[The following information applies to the questions displayed below.) Green Planet Corporation has 6,900 shares of noncumulative 10% preferred stock with a $2 par value and 22,800 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends. Year 1 total cash dividends Year 2 total cash dividends $ 610 2,280 11-14 (Algo) Dividends on cumulative preferred stock LO C2 mpute the dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Cumulative Preferred Common ear 1 ear 2 [The following information applies to the questions displayed below.) Green Planet Corporation has 6,900 shares of noncumulative 10% preferred stock with a $2 par value and 22,800 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends. Year 1 total cash dividends Year 2 total cash dividends $ 610 2,280 11-14 (Algo) Dividends on cumulative preferred stock LO C2 mpute the dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Cumulative Preferred Common ear 1 ear 2