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Egyptian Enterprises has both common and preferred stock. There are 100,000 shares of $1 par common stock outstanding and 4,000 shares of $9 par, 9%

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Egyptian Enterprises has both common and preferred stock. There are 100,000 shares of $1 par common stock outstanding and 4,000 shares of $9 par, 9% cumulative preferred stock outstanding. The company did not pay any dividends in 2021. Distribute dividends to each class of stockholders using the following information

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