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A company declared a $431,000 cash dividend. It currently has 5,000 shares of 6%, $100 par value cumulative preferred stock outstanding. It is 2 year

A company declared a $431,000 cash dividend. It currently has 5,000 shares of 6%, $100 par value cumulative preferred stock outstanding. It is 2 year in arrears on its preferred stock. How much cash will the company distribute to the common stockholders?

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