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The equity section of Jeans Incorporated is as follows: Required: Calculate the amount of dividends...

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Accounting

The equity section of Jeans Incorporated is as follows: Required: Calculate the amount of dividends allocated to common and preferred stockholders under the following situations:

Preferred Dividends Common Dividends

a. $18,000 of total dividends and no preferred dividends in arrears $ $

b. $24,000 of total dividends and two years of preferred dividends in arrears $ $

How much did each common stockholder receive per share under each scenario?

Dividend per share under

(a):

(b):

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