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D Question 2 3 pts Purple Company has 2,000 shares of 6%, $100 par cumulative preferred stock outstanding at December 31, 2020. No dividends have

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D Question 2 3 pts Purple Company has 2,000 shares of 6%, $100 par cumulative preferred stock outstanding at December 31, 2020. No dividends have been paid on this stock for 2019 or 2018. Dividends in arrears at December 31, 2020 total $12,000 O $24,000 O $0 $1,200

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