Cornerstone Exercise 10-30 (Algorithmic) Preferred Stock Dividend: 0eschman Inc. h s 9,400 hare outstanding of 10 $20 p8t alue, cumulati prefe ed stock, l 2017 and 2018 o Svidend w ere ded red on prefered stock. In 2019, 0eachman had profita ear nd decided to pry didends to stockhold s of tot treened and Required It the company has $200,000 avalable tor dividends in 2019, how much could it pay to the common stackholds? took. 'mon