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Bonita Industries has 145000 shares of $10 par value common stock and 72500 shares of $10 par value, 4%, cumulative, participating oreferred stock outstanding. Dividends

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Bonita Industries has 145000 shares of $10 par value common stock and 72500 shares of $10 par value, 4%, cumulative, participating oreferred stock outstanding. Dividends on the preferred stock are one year in arrears. Assuming that Bonita wishes to distribute $260000 as dividends, the common stockholders will receive $58000.$106010.$202000.$153990

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