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A - s follows. The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50

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A - s follows. The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders' equity section of Martinez's balance sheet at December 31, 2020. (Enter account name only and do not provide

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