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cas pard December 30 to shareholders of record on November 20. REQUIRED Record the events occurring on October 1, November 20, and December 30 in
cas pard December 30 to shareholders of record on November 20. REQUIRED Record the events occurring on October 1, November 20, and December 30 in a horizontal statements model. In the Cash Flow column indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Problem 8-2 5 points Golden Rule Co had the following stock issued and outstanding at January 1, 2018: 1 1,040,000 shares of $50 par common stock. 2 60,000 shares of $100 par, 5 percent, noncumulative preferred stock On April 2, Golden Rule Co declared the annual cash dividend on its 60,000 shares of preferred stock and a $0.25 per share dividend for the common shareholders. The dividends will be paid on June 1 to the shareholders of record on May 1. REQUIRED Determine the total amount of dividends to be paid to the preferred shareholders and common shareholders. Common stockholders. $0.26x0040000 = $260000 Preferred sheereholders $ovoru
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