A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per-share dividends for each class of stock for each year by completing the schedule. If necessary, round dividends per share to the nearest cent. If your answer is zero, please enter "0".     Preferred Common Year Dividends Total Per Share Total Per Share 1 $10,000   $   $   $   $   2  25,000                   3  60,000

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Chapter1: Financial Statements And Business Decisions
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A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of 10%, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below.

Determine the total and per-share dividends for each class of stock for each year by completing the schedule. If necessary, round dividends per share to the nearest cent. If your answer is zero, please enter "0".

    Preferred Common
Year Dividends Total Per Share Total Per Share
1 $10,000   $   $   $   $  
2  25,000                  
3  60,000                  
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