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Altgeld, Inc. has outstanding 10,000 shares of $150 par value, 7% nonparticipating, cumulative preferred stock and 10,000 shares of $30 par value common stock If

Altgeld, Inc. has outstanding 10,000 shares of $150 par value, 7% nonparticipating, cumulative preferred stock and 10,000 shares of $30 par value common stock If the dividend on preferred stock is one year in arrears, and the total cash dividend declared this year is $215,000, then the total amounts distributed to preferred and common stockholders respectively, are Select one A. $105,000 and $111,000 B. $63,000 and $153,000 0 C. $180,000 and $36,000 D. $210,000 and $6,000

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