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D Question 15 0.5 pts Pear, Inc. was incorporated on January 1. Year 1. Pear issued 6000 shares of common stock and 500 shares of
D Question 15 0.5 pts Pear, Inc. was incorporated on January 1. Year 1. Pear issued 6000 shares of common stock and 500 shares of preferred Stock on that date. The preferred stock Is cumulative, $100 par, with an 8% dividend rate, Pear has not paid any dividends yet. In Year 4, Pear had its first profitable year, and on November 1, Year 4. Pear declared a total dividend of 566,000. What Is the total amount that will be paid to preferred shareholders? $3200 $66.000 $4000 $16,000 Next
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