Need help with stock question Company has stock outstanding as follows for three

Question

Need help with stock question
Company has stock outstanding as follows for three year
2500 shares of $10 - $100 Par cumulative preferred .
50,000 shared of $10 par common
Distribution amounts are
year 1 - 10,000 preferred total __________ shares_____________
Common total ___________shares_____________
year 2 - 25,000 preferred total___________shares_____________
common total____________shares_____________
year 3 - 60,000 preferred total___________shares_____________
Common total____________shares_____________

Explanation / Answer

year 1 - 10,000 preferred total $10,000 shares $ 4 per share Common total 0 shares 0 year 2 - 25,000 preferred total $25,000 shares $10 per share Common total 0 shares 0 year 3 - 60,000 preferred total $ 40,000 ($ 15,000 Arrears) shares $ 16 per share Common total_$ 20,000_shares $ 0.40 per share

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