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On January 1, Year 1, a company had the following transactions:
- Issued 10,000 shares of $2.00 par common stock for $12.00 per share.- Issued 3,000 shares of $50 par, 6% cumulative preferred stock for $70 per share.- Purchased 1,000 shares of previously issued common stock for $15.00 per share.- No other shares of stock were issued or outstanding.
The company had the following dividend information available:
Year 1 - No dividend paid
Year 2 - Paid a $2,000 total dividend
Year 3 - Paid a $20,000 total dividend
Year 4 - Paid a $25,000 total dividend
Using the following format, fill in the correct values for each year:
Psychology
The scientific study of the mind and behavior, encompassing a wide range of topics including cognitive processes, emotional and social dynamics.
Operant Conditioning
A learning process through which the strength of a behavior is modified by reinforcement or punishment.
Classical Conditioning
A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.
Dynamic Equilibrium
A state in which a system balances changes with compensatory processes, maintaining stability over time.
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