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  3. flint corporation issued 190,000, $4,60 cumulative

Flint Corporation issued 190,000, $4,60 cumulative preferred shares to fund its first investment in wind...

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Flint Corporation issued 190,000, $4,60 cumulative preferred shares to fund its first investment in wind generators. In its first year of operations, it paid $434,000 of dividends to its preferred shareholders. In its second year, the company paid dividends of $1,314,000 to its preferred shareholders. What is the total annual preferred dividend supposed to be for the preferred shareholders? $ Preferred Dividends Calculate any dividends in arrears in years 1 and 2. (Do not leave any answer field blank. Enter for amounts) $ Year 1: G . o REUS Type here to search ESC 2 ULUI TUUU 20 -79 Calculate any dividends in arrears in years 1 and 2. (Do not leave any answer field blank. Enter for amounts) Year 1: $ Year 2: $ If the preferred shares were noncumulative rather than cumulative how much dividend would the company have paid its preferred shareholders in year 2? (Round the amount per share to 2 decimal places, og 12.50) pershare for a total of $ The likely amount is $ O 3 Type here to search ISUS 2 | LLU E w

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