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Concord, Inc. has 1800 shares of 4%, $50 par value, cumulative preferred stock and 36000 shares of $1 par value common stock outstanding at December
Concord, Inc. has 1800 shares of 4%, $50 par value, cumulative preferred stock and 36000 shares of $1 par value common stock outstanding at December 31, 2017, and December 31, 2018. The board of directors declared and paid a $3300 dividend in 2017. In 2018, $18800 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2018?
|
$14900 | $3900 |
$3900 | $14900 |
$9400 | $9400 |
$3600 | $15200 |
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