both

paid $20,000 cash to rotire a note payable. The not cath thown provided by / ubed hat firuinesing ictivhis is A. 550.000 B. $(10,000) C. $(50,000) D. $10.000 Jackson Company issued 1,000 shares of $50 par, 5% preferred stock. The 5% represents. A. the stated dividend rate associated with the stock B. the amount of interest to be paid to the stockholders each year C. the market interest rate of similar investments D. the amount of interest to be paid when stockholders sell the stock