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4. The Dulles Co. included preferred stock in its capital structure. The preferred stock account appears as follows: 50,000 shares outstanding, par value $ 20.
4. The Dulles Co. included preferred stock in its capital structure. The preferred stock account appears as follows: 50,000 shares outstanding, par value $ 20. The dividend percentage is 6%. Common stock appears as 250,000 shares and $ 1.00 Par value. USE THIS INFORMATION TO COMPLETE THE TABLE BELOW. YEAR PREFERRED 2019 2020 2021 ARREARS COMMON TOTAL PAID 40,000 70,000 90,000
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