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Current Attempt in Progress Crane Company has 10,000 shares of 7%, $100 par value, cumulative preferred stock outstanding at December 31, 2025. No dividends
Current Attempt in Progress Crane Company has 10,000 shares of 7%, $100 par value, cumulative preferred stock outstanding at December 31, 2025. No dividends were declared in 2023 or 2024. If Crane wants to pay $360,000 of dividends in 2025, what amount of dividends will common stockholders receive? Dividends allocated to common stock
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