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Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon,...

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Accounting

Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends over a six $-$ year period ended December $31$ of each year: $20 Y 1,$ $ $24, 500$ ; $20 Y 2,$ $ $10, 000$ ; $20 Y 3,$ $ $105, 500$ ; $20 Y 4,$ $ $90, 000$ ; $20 Y 5,$ $ $110, 000$ ; and $20 Y 6,$ $ $140, 000 .$ During the entire period, the outstanding stock of the company was composed of $25, 000$ shares of cumulative preferred $2 %$ stock, $ $80$ par, and $100, 000$ shares of common stock, $ $4$ par.

Required:

Determine the total dividends and the per $-$ share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of $20 Y 1 .$ Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter $" 0 " .$

$\$ table $[[$ Year $, \$ table $[[$ Total $], [$ Dividends $]], \$ table $[[$ Preferred $], [$ Dividends $], [$ Total $]], \$ table $[[$ Preferred $], [$ Dividends $], [$ Per Share $]], \$ table $[[$ Common $], [$ Dividends $], [$ Total $]], \$ table $[[$ Common $], [$ Dividends $], [$ Per Share $]]], [20 Y 1,$ $ $24, 500,$ $ $,$ $ $,$ $ $,$ $

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