Question
Balance Sheet ($000 ) December 31 Assets 2000 1999 Current assets Cash $ 30 $ 50 Marketable Securities 10 20 Accounts receivable 320 350 Inventory
Balance Sheet ($000)
December 31
Assets 2000 1999
Current assets
Cash $ 30 $ 50
Marketable Securities 10 20
Accounts receivable 320 350
Inventory 460 320
Total Current Assets $ 820 $ 740
Gross Fixed Assets $ 560 $ 520
Less accumulated depreciation $ 180 $ 150
Net fixed assets $ 380 $ 370
Total Assets $1,200 $1,110
Liabilities & stockholders equity
Current liabilities
Accounts payable $ 390 $ 320
Notes payable $ 110 $ 90
Accruals $ 20 $ 20
Total current liabilities $ 840 $ 780
Stockholders Equity
Common stock (500,000 shares, $0.20 par) $ 100 $ 100
Paid-in capital in excess of par $ 150 $ 150
Retained earnings $ 110 $ 80
Total stockholders equity $ 360 $ 330
Total liabilities & stockholders equity $1,200 $1,110
How much did they pay in preferred stock dividends? Please answer ASAP
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