From 2012 to 2014, Lumber Liquidators had the following capital structure:
The board of directors determined the total amount available for dividends in each year from 2012 through 2014 as shown in the following table. Complete the table to indicate the portion of the dividend allocated to preferred and common stockholders in each year. Assume that the preferred stock is noncumulative and nonparticipating.
Definitions:
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