(a) Assume that Sheridan had 370,000 common shares and 26,000$3, non-cumulative preferred...

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Accounting

(a)
Assume that Sheridan had 370,000 common shares and 26,000$3, non-cumulative preferred shares. How much cash would be
paid out in 2022,2023, and 2024 to each class of shares?(a)
Sheridan Company paid out cash dividends at the end of each year as follows:
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