A company's preferred stock has $2,500 of dividends in arrears at January 1. During the year, $10,000 of cash dividends were paid. The company has the following shares outstanding: 6,000 shares of $10 par, 10% cumulative preferred stock 10,000 shares of $5 par common stock What is the total amount of dividends paid to each group of shares in the year? $5,000 to preferred shares, $5,000 to common shares $6,000 to preferred shares, $4,000 to common shares $8,500 to preferred shares, $1,500 to common shares $10,000 to preferred shares, $0 to common shares Jordan Brothers had the following transactions during the year: Paid cash dividends of $160 Purchased new machinery for $120 Issued new stock for $50 Issued new bonds payable for $200 Sold land for $170 Recorded depreciation expense of $110 Purchased treasury stock for $130 What is Jordan's cash flow from investing activities for the year? to $-300 $-160 $-50 $ - 40 $ - 60 $ 40 $ 50 $ 60 $ 160 $ 300 O O to