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A. Copy Corporation has the following stocks: 8% Preferred Stock, $80 par value; cumulative and non-participating, 20,000 shares authorized; 4,000 shares issued and outstanding Common
A. Copy Corporation has the following stocks: 8% Preferred Stock, $80 par value; cumulative and non-participating, 20,000 shares authorized; 4,000 shares issued and outstanding Common Stock, $1 par value; 90,000 authorized; 55,000 shares issued; 50,000 shares outstanding Copy Corporation has not paid any dividends in 2018 and 2019. In 2020, Copy Corporation declared and paid $100,000. Preferred Stockholders Common Stockholders How much of the $100,000 dividend goes to the
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