shares of $50 par value preferred stock and 200,000 shares of $5 par value common stock. At December 31, the company declared the following cash dividends:   December       2017                $90,000 December       2018                200,000 December       2019                400,000   Required: Show the allocation of dividends to each class of stock, assuming that the           preferred stock is 9% and not cumulative. Show the allocation of dividends to each class of stock, assuming that the                  preferred stock is 10% and cumulative.

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A:

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Q: Show

A:

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Q: the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6%

A: Answer : Show allocation of dividend to each class of stock, assuming the preferred stock dividend…