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On January 1, 2011 a Company Had the Following Data

Question 38

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On January 1, 2011 a company had the following data:
- issued 10,000 shares of $2.00 par value common stock for $12.00 per share
- issued 3,000 shares of $50 par value 6% cumulative preferred stock for $70 per share
- purchased 1,000 shares of previously issued common stock for $15.00 per share
The company had the following dividend information available:
2011 - No dividend paid
2012 - Paid a $2,000 total dividend
2013 - Paid a $17,000 total dividend
2014 - paid a $32,000 total dividend
Using the following format, fill in the correct values for each year;
On January 1, 2011 a company had the following data: - issued 10,000 shares of $2.00 par value common stock for $12.00 per share - issued 3,000 shares of $50 par value 6% cumulative preferred stock for $70 per share - purchased 1,000 shares of previously issued common stock for $15.00 per share The company had the following dividend information available: 2011 - No dividend paid 2012 - Paid a $2,000 total dividend 2013 - Paid a $17,000 total dividend 2014 - paid a $32,000 total dividend Using the following format, fill in the correct values for each year;

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