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Beckham Corporation has 3,000 shares of $100 par value, 7% cumulative preferred stock and 10,000 shares of $10 par value common stock outstanding during its
Beckham Corporation has 3,000 shares of $100 par value, 7% cumulative preferred stock and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Beckham Corporation paid cash dividends as follows: 20x4, $17,500: 20X5, $0; 20x6, $65,000: 20X7, $30,000; 20x8, $15,000.
The amount of dividends received by the preferred stockholders during 20x6 was?
The amount of dividends in arrears at the end of 20x5 was
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