Total assets $325,000,000

Total liabilities $200,000,000

Stockholders' equity Contributed capital 9%, cumulative preferred stock, $100 par, 300,000 shares issued $30,000,000

Common stock, $1 par, 20,000,000 shares issued $20,000,000

Additional paid-in capital, common stock $46,000,000

Total contributed capital $96,000,000

Retained earnings $29,000,000

Total stockholders' equity $125,000,000

All preferred stock was issued five years ago. All dividends on preferred stock for prior years have been paid. Total dividends declared and paid in the year ended March 31 were $6,000,000.

1. Calculate the total dollar amount of dividends paid to preferred stockholders in the year ended March 31.

2. Calculate the total dollar amount of dividends paid to common stockholders in the year ended March 31.

3. Calculate the common stock cash dividends per share paid in the year ended March 31.

Total assets $325,000,000

Total liabilities $200,000,000

Stockholders' equity Contributed capital 9%, cumulative preferred stock, $100 par, 300,000 shares issued $30,000,000

Common stock, $1 par, 20,000,000 shares issued $20,000,000

Additional paid-in capital, common stock $46,000,000

Total contributed capital $96,000,000

Retained earnings $29,000,000

Total stockholders' equity $125,000,000

1. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total dollar amount of cash dividends paid to preferred stockholders in the current year ended March 31.

2. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the total dollar amount of cash dividends paid to common stockholders in the current year ended March 31.

3. Assume the company neither declared nor paid any cash dividends in the previous year. Calculate the common stock cash dividends per share paid in the current year ended March 31.