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Dividends Per Share Sandpiper Company has 2 0 , 0 0 0 shares of cumulative preferred 1 % stock, $ 5 0 par and 5

Dividends Per Share
Sandpiper Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends:
\table[[20Y1,$20,000
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