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Current Attempt in Progress The stockholders' equity section of Tamarisk Corporation shows the following on December 31, 2021: Preferred stock-4%, $100 par, 5,400 shares outstanding
Current Attempt in Progress The stockholders' equity section of Tamarisk Corporation shows the following on December 31, 2021: Preferred stock-4%, $100 par, 5,400 shares outstanding Common stock-$10 par, 61,000 shares outstanding Paid-in capital in excess of par Retained earnings Total stockholders' equity $540,000 610,000 210,000 148,100 $1,508,100 Assuming that all of the company's retained earnings are to be paid out in dividends on 12/31/21 and that preferred dividends were last paid on 12/31/19, show how much the preferred and common stockholders should receive if the preferred stock is cumulative and fully participating. Preferred stockholders $ Common stockholders $
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