The national furniture company has $25000 shares of cumulative preferred 2% stock $75 par and 200,000 shares of $10 par common stock the following was distributed as dividends Year 1 $ 25000
Year 2 $ 88,000
Year 3 $ 95,500
Determine the dividends per share for preferred and common stock for each year.

for this case we must apply distributive property to the following expression:

the distributive property states that:

then, when applying the property we have to multiply the -2 for each term within the parenthesis:

a_n = a_1 + (n - 1)d

the first term is 6.

the common difference d = ?

when you find d, replace n with 7 and d with the common difference to find your answer.

a. true

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