Kingdom Corporation has the following. - Preferred stock, $10 par value, 7%, 50,000 shares issued Common stock, $15 par value, 300,000 shares issued and outstanding $4,500,000 $500,000 In 2020, The company declared and paid $30,000 of cash dividends. In 2021, The company declared and paid $150,000 of cash dividend. Required: How much is the TOTAL cash dividends that will be distributed to preferred and common Non-cumulative
