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Crane, Inc has 10100 shares of 5%, 100 par value, cumulative preference shares and 20100 ordinary shares with a $1 par value outstanding at
Crane, Inc has 10100 shares of 5%, 100 par value, cumulative preference shares and 20100 ordinary shares with a $1 par value outstanding at December 31, 2020. There were no dividends declared in 2018. The board of directors declares and pays a 90100 dividend in 2019 and in 2020. What is the amount of dividends received by the ordinary shareholders in 2020? 50500 O 28700 0 90100
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