Kerry company has 1050 shares of 100 par value 8 preferred

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Reference no: EM13588540

Kerry Company has 1,050 shares of $100 par value, 8% preferred stock and 9,500 shares of $10 par value common stock outstanding. The preferred stock is cumulative and nonparticipating. Dividends were paid in 2010. Since 2010, Kerry has declared and paid dividends as follows: 2011 $0 2012 $10,300 2013 $19,300 2014 $23,500

1. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2012 to 2014. If an amount is zero, enter "0".

Reference no: EM13588540

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