A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of $10, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and per share dividends for each class of stock for each year by completing the schedule.
Definitions:
Movable Synovial Joint
A movable synovial joint is a type of joint in the body enclosed by a fluid-filled synovial capsule, facilitating a wide range of movements between bones.
Fibrous Joint
Type of joint between two bones that is immovable; sutures are examples of fibrous joints.
Knee
A joint that connects the thigh bone (femur) to the shin bone (tibia), allowing for flexion, extension, and minimal rotation of the leg.
Longest Bone
The femur or thigh bone, which is the largest and strongest bone in the human body, supporting the weight of the body and facilitating movement.
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