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83,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $50,250; second year,

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83,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $50,250; second year, $109,750; third year, $155,630; fourth r, $216,100. 3rd Year 4th Year 50,250 X 112,500 X Next

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