SXC reported income during four successive years as follows: $1,000,$2,000,$3,000,and $11,000.The share capital outstanding consisted of 3,000 common shares issued at $20 each,and 5,000,$.50 preferred shares issued at $10 each.(Matching common dividend,if applicable,$1).If income in full were declared as dividends each year,determine the amount that would be paid on each class of shares for each of the four years assuming:

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The Answer of SXC reported income during four successive years as follows: $1,000,$2,000,$3,000,and $11,000.The share capital outstanding consisted of 3,000 common shares issued at $20 each,and 5,000,$.50 preferred shares issued at $10 each.(Matching common dividend,if applicable,$1).If income in full were declared as dividends each year,determine the amount that would be paid on each class of shares for each of the four years assuming:

SXC Reported Income During Four Successive Years as Follows: $1,000,$2,000,$3,000,and