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5 points A company was organized in January Year 1 and has 20,000 shares of $10 par value, 10% preferred stock outstanding and 150,000 shares

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5 points A company was organized in January Year 1 and has 20,000 shares of $10 par value, 10% preferred stock outstanding and 150,000 shares of $2 par value common stock outstanding. It has declared and paid cash dividends each year as shown below. Calculate the total dividends distributed to each class of stockholder under each of the assumptions given

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