=+1. Assume the following for the year 2000 for the Staubus Company:

Revenues

$1,000,000 Operating expenses Cost of goods sold

$400,000 Depreciation 100,000 Salaries and wages 200,000 Bond interest (8% Debentures sold at maturity value of $1,000,000)

80,000 Dividends declared on 6% PreferredStock

(par value $500,000)

30,000 Dividends declared of $5 per share on Common Stock (20,000 shares outstanding a par value of $100 per share)

100,000