Reference no: EM132459623

The Northwest Corporation has outstanding 25,000 shares of 12 percent, $50 par-value, noncumulative, nonparticipating preferred stock and 100,000 authorized common shares of which 40,000 shares of $14 par-value common stock are outstanding. The board of directors voted to distribute $125,000 as dividends in 2019, $164,000 in 2020, and $210,0000 in 2021. (Round your answers to 2 decimal places.)

Problem 1. Compute the amount paid on each share of preferred stock in 2019.

Problem 2. Compute the amount paid on each share of common stock in 2019.

Problem 3. Compute the amount paid on each share of preferred stock in 2020.

Problem 4. Compute the amount paid on each share of common stock in 2020.

Problem 5. Compute the amount paid on each share of preferred stock in 2021.

Problem 6. Compute the amount paid on each share of common stock in 2021.