(Answered) : Problems Series B PR 13-1B Dividends on preferred and common stock OBJ.3 1. Common dividends in 2011 25,000 Yosemite Bike Corp. ma

Problems Series B PR 13-1B Dividends on preferred and common stock OBJ.3 1. Common dividends in 2011 25,000 Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike Corp. has declared the following annual dividends over a six-year period ended December 31 of each year: 2009, $24,000; 2010, $10,000; 2011, $126,000; 2012, $100,000; 2013, $125,000; and 2014, $125,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $90 par, and 100,000 shares of com- mon stock, $4 par. SPREADSHEET Instructions