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ack Fargo Company's outstanding stock consists of the w stock with a $10 par value and 3,000 shares of comm the first three years of

ack Fargo Company's outstanding stock consists of the w stock with a $10 par value and 3,000 shares of comm the first three years of operation, the corporation de p cash dividends. Dividends Declared & Paid Year 1$20,000 Year 2$6,000 Year 3 $32,000 The amount of dividends paid to preferred and comm O $200 preferred; $19,800 comman O $4,000 preferred; $16,000 common O $17,000 preferred; $3,000 com O $10,000 preferred; $10,000 common O $20,000 preferred; $0 common 11 A

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