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Business, 27.04.2021 14:30 zafarm2oxgpmx

The Mailer Corporation had the following classes of stock outstanding as of December 31, 2014: Common stock, $20 par value, 20,000 shares outstanding Preferred stock, 6 percent, $100 par value, cumulative, 2,000 shares outstanding No dividends were paid on preferred stock for 2018 and 2019. On December 31, 2020, a total cash dividend of $200,000 was declared. What are the amounts of dividends payable on both the common and preferred stock, respectively?

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