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  3. 2022. kashin consulting, inc. declared and paid th

2022. Kashin Consulting, Inc. declared and paid the following dividends during a three-year period: 2020,...

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Accounting

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2022. Kashin Consulting, Inc. declared and paid the following dividends during a three-year period: 2020, $22,000;2021,$100,000; and 2022, \$225,000. Business was improving greatly. Requirements- 1. Compute the total dividends to preferred stockholders and to common stockholders for each of the three years if: a. Preferred is noncumulative b. Preferred is cumulative 2. For case 1(b), journalize the declaration of the 2022 dividends on Dec. 28,2022 , and the payment of the dividends on January 17, 2023; use separate Dividends Payable accounts for preferred and common stock

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