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Assuming that the directors decide to declare total dividends in the amount of $393,900, determine how much each class of shares should receive if

 

Assuming that the directors decide to declare total dividends in the amount of $393,900, determine how much each class of shares should receive if the preferred shares are non-cumulative and non-participating. Note that one year's dividends are in arrears on the preferred shares, which pay a dividend of $1.82 per share. (Round answers to O decimal places, e.g. 5,275.) Dividends $ Preferred Common $ $ Total

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