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D Question 2 20 pts Buns Incorporated has the following Shareholder's Equity Section: $ 400,000 Preferred Stock, 8%, noncumulative, $100 PV Common Stock $2 PV

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D Question 2 20 pts Buns Incorporated has the following Shareholder's Equity Section: $ 400,000 Preferred Stock, 8%, noncumulative, $100 PV Common Stock $2 PV PIC - Excess Par Value - P/S 300.000 25,000 60,000 PIC - Excess Par Value C/S Retained Earnings Total Shareholders Equity 100.000 $ 885,000 Burys has never declared or paid a dividend before now. Year 3. If the Board of Directors declares a $150,000 dividend, how much in total) will common shareholders receive? MacBook Air BO 23 09 DO bo ! 1 $ 4 N % 5 > 3 & 7 6 8 9 o Q W E R T Y U 0 A S D F G H J K Z X > C V

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