Calculate the cash dividends required to be paid or each of the following preferred stock issuances:
(a.)The semiannual dividend on 11.5 percent cumulative preferred,$100 par value; 12,000 shares authorized,issued,andoutstanding.
(b.)The total dividends owed to preferred shareholder son$1.50annual cumulative preferred, 200,000 sharesauthorized,170,000shares issued, and 162,700 shares outstanding.The companydid notpay dividends during the prior year or duringthecurrentyear.
(c.)The quarterly dividend on 11.5 percent cumulativepreferred,$70stated value, $72 liquidating value, 40,000 shares authorized, 30,000shares issued and outstanding. No dividends in arrears.