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2 point QUESTION 19 Zenia Corporation has the following stock outstanding: 2,500 shares of 10%, $100 par value, cumulative preferred stock, 50,000 shares of $10
2 point QUESTION 19 Zenia Corporation has the following stock outstanding: 2,500 shares of 10%, $100 par value, cumulative preferred stock, 50,000 shares of $10 par value common stock. Zenia paid total dividends of $10,000 in 20x1 (first year of operations) and $65,000 in 20X2 (second year of operations). What is the total amount of dividends paid to common stockholders in 20x2? a. $25,000 b. $20,000. O c $40,000 d. $65,000
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