Morton company began operations on january 1, 2019. the company has the following items included in its stockholders’ equity section of the balance sheet on december 31, 2020: 6% preferred stock, $100 par, 100,000 shares authorized, 25,000 shares issued and outstanding $2,500,000 common stock, $3 par, 500,000 share authorized; 150,000 shares issued and outstanding 450,000 additional paid-in capital 2,250,000 total dividends for 2019 & 2020 were: during 2019, dividends not paid during 2020, dividends declared and paid $160,000 if morton company’s preferred stock was noncumulative, how much of the 2020 dividends would have been distributed to preferred and common stockholders?

Each container is cut from the mould once the plastic has cooled and hardened. unit-level 2 patents are obtained for each new type of container mould. facility-level 3. plastic resins are used as the main direct material for the containers. product-level 4. a plant manager oversees the entire manufacturing operation. facility-level 5. the sales force incurs travel expenses to attend various trade shows throughout the country to market the containers. product-level 6. each container product line has a product line manager. product-level 7 the extrusion machine is calibrated for each batch of containers made. facility-level 8. each type of container has its own unique moulds. unit-level 9. routine maintenance is performed on the extrusion machines. facility-level 10. rent is paid for the building that houses the manufacturing processes. classify each activity as either unit-level, batch-level, product-level, or facility-level.