Bridger bike corp. manufactures mountain bikes and distributs them through retail out
Bridger bike corp. manufactures mountain bikes and distributs them through retail outlets in Montana, Idaho Oregon and Washington. Bridger bike corp. has declared the following annual dividends over a six year period ending dec 31 of each year 2005, $5000; 2006, $18000; 2007, $45000; 2008, $45000; 2009, $60000; 2010, $67000. During the entire period, the outstanding stock of the company was composed of 10000 shares of 2% cumalative preferred stock, $100par, and 25,000shares of common stock, $1par. Determin the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears in january1, 2005?