Coronado Limited has the following information available regarding its share capital at December 31, 2023:...
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Coronado Limited has the following information available regarding its share capital at December 31, 2023: The shares were issued when the corporation began operations on January 1, 2022. No dividends were declared during 20222 and 2023. On October 27, 2024, the board of directors declares the required preferred share dividends and a $0.50 dividend for each of the common shares. The dividends are payable on December 1, 2024, to the shareholders of record on November 16,2024. Assume instead that the maximum cash dividend the company can pay in 2024 is $252,000. Determine how much will be paid to the preferred shareholders and to the common shareholders. (Do not leove any answer field blank Enter 0 for amounts) Dividends paid to the preferred shareholders Dividends paid to the common shareholders $
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