Question: Using the information below fill in the chart distributing the dividends between preferred and common stockholders under cumulative and non-cumulative preferred stock A company has

Using the information below fill in the chart distributing the dividends between preferred and common stockholders under cumulative and non-cumulative preferred stock

A company has 20,000 shares of $100 par 6% non-cumulative preferred stock and 50,000 shares of $1 par common stock and pays out the following: Preferred Common Year Total 2016 100,000 2017 250,000 2018 90,000 2019 300,000

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