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Curtain Company paid dividends of $14,500, $20,500, and $49,150 during Year 1, Year 2, and Year 3, respectively. The company had 2,700 shares of 5.0%,
Curtain Company paid dividends of $14,500, $20,500, and $49,150 during Year 1, Year 2, and Year 3, respectively. The company had 2,700 shares of 5.0%, $200 par value preferred stock outstanding that paid a cumulative dividend. What is the total amount of dividends paid to common shareholders during Year 3?
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