Complete the following table for dividends delcaired:
There are no dividends in the arrears at the begnning of 20X1.
60,000 shares $80 par value preferred stock ( authorized, issued, and outstanding) cumulative, non participating, %3 dividends.
100,000 Shares of common stock
Year
| year |
total dividend |
preferred dividend |
common stock dividend |
Preferred dividends in arrears |
| 20X1 |
80,000 |
|
|
|
| 20X2 |
300,000 |
|
|
|
| 3 |
200,000 |
|
|
|
| 4 |
60,000 |
|
|
|
| 5 |
250,000 |
|
|
|