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Dividend Distribution Ryan Corporation began business on March 1, 2016. At that time, it issued...

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Dividend Distribution Ryan Corporation began business on March 1, 2016. At that time, it issued 20.000 shares of 360 par value, seven percent cumulative preferred stock and 100,000 shares of $5 par value common stock. Through the end of 2016, there had been no change in the number of preferred and common shares outstanding Required a. Assume that Ryan declared dividends of so in 2016, 3195,000 in 2017 and $200,000 in 2018. Calculate the total dividends and the dividends per share paid to each class of stock in 2016, 2017 and 2018. Round to two decimal places Preferred Common Common Stock Stock per share Preferred per share Year 2010 2017 2010 1,660,000 0.17 42 x 11.600.000 b. Assume that Ryan declared dividends of so in 2016, 590,000 in 2017 and 5190,000 in 2018. Calculate the total dividends and the dividends per share paid to each class of stock in 2016, 2017 and 2018. Round to two decimal places. Preferred Stock OS Common Preferred Stock OS OS 45 Common per share per share Year 2016 5 2017 2018 D KX >>> 025

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