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Beckham Company issued 1,000 shares of 6%, $100 par cumulative preferred stock on January 1. 2019. No dividends have been paid on this stock for

Beckham Company issued 1,000 shares of 6%, $100 par cumulative preferred stock on January 1. 2019. No dividends have been paid on this stock for 2019 or 2020. Dividends in arrears at December 31, 2020 total $6,000 O $12,000 $0 O $600

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