Barstow Corporation has a single class of common stock and a single class of cumulative preferred stock. The cumulative preferred stock requires the corporation to pay an annual dividend of $8,000 to preferred stockholders. On January 1, 2019, Barstow's preferred dividends were 1 year in arrears, which means that Barstow declared neither preferred nor common dividends in 2018. During the next 3 years (2019–2021), Barstow's board of directors determined they would be able to pay $9,500, $17,000, and $20,000, respectively. Required: Show how these anticipated payments will be split between preferred and common stockholders. If an amount box does not require an entry, leave it blank and if the answer is zero, enter "0". Year Amount Available for Dividends Dividends to Preferred Dividends to Common Remaining in Arrears 2018 $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 2019 $fill in the blank 5 $fill in the blank 6 $fill in the blank 7 $fill in the blank 8 2020 $fill in the blank 9 $fill in the blank 10 $fill in the blank 11 $fill in the blank 12 2021 $fill in the blank 13 $fill in the blank 14 $fill in the blank 15 $fill in the blank 16

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A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…

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Q: Bramble Company's ledper shows the following balances on December 31, 2020. 6% Preferred Stock-$10…

A: Answer a: The preferred stock is cumulative and fully participating: Annual Dividend of preferred…

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A: A cumulative preferred stock implies that a preferred stockholder is entitled to receive dividends…

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