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Alpha Company provides the following information for 2020: . Common stock, $100 par value, 3,100 shares issued and outstanding Preferred stock, 10%, $50 par value,
Alpha Company provides the following information for 2020: . Common stock, $100 par value, 3,100 shares issued and outstanding Preferred stock, 10%, $50 par value, 2,100 shares issued and outstanding Dividends were not paid in the three prior years (2017-2019) Total dividends declared and paid in 2020 were $61,000. Assuming the preferred stock is noncumulative, how much of the 2020 dividend payment was paid to the common stockholders? Multiple Choice $19.000. O $50,500. O O O $10,500. O O $42,000
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