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--/1 Question 18 View Policies Current Attempt in Progress Concord Corporation, has 4300 shares of 4%, $50 par value, cumulative preferred stock and 100000 shares

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--/1 Question 18 View Policies Current Attempt in Progress Concord Corporation, has 4300 shares of 4%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common stock outstanding at December 31, 2021, and December 31, 2020. The board of directors declared and paid an $8500 dividend in 2020. In 2021, $35000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2021? $17200 $25700 $8600 $8700 Save for Later Attempts: 0 of 1 used Submit Answer 7:12 PM A . 0 4 /16/2020 2

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