Complete the Following Chart

Essay

Complete the following chart. Assume 22,000 shares of cumulative preferred at $1.75 per share and 49,000 shares of common.
$$\begin{array} { | l | l | l | l | } \hline & 2016 & 2017 & 2018 \\\hline \text { Dividend } & & & \\\text { Paid } & \$ 12,000 & \$ 0 & \$ 210,000 \\\hline \text { Preferred } & & & \\\text { Dividend } & \text { A } & \text { B } & \text { C } \\\hline \text { Common } & & & \\\text { Dividend } & \text { D } & \text { E } & \text { F } \\\hline\end{array}$$