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Curren Co. paid dividends of $3,000; $6,000; and $10,000 during 2018, 2019 and 2020, respectively. The company had 500 shares of 5%, $200 par
Curren Co. paid dividends of $3,000; $6,000; and $10,000 during 2018, 2019 and 2020, respectively. The company had 500 shares of 5%, $200 par value preferred stock outstanding that paid cumulative dividend. The amount of dividends received by the common shareholders during 2020 would be: O a. $3,000. b. $5,000. C. $2,000. O d. $4,000.
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