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Financial accounting THis Window shows your responses and what was marked correct and incorrect from your previous Rachel's Designs has 2,000 shares of 7%, $50

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THis Window shows your responses and what was marked correct and incorrect from your previous Rachel's Designs has 2,000 shares of 7%, $50 emaining shares are common stock. Due to cash flow difficulties, the company was not able to pay dividends in 2019 or 2020. The c plans to pay total dividends of $23,000 in 2021. How much of the $23,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders? par value cumulative preferred stock issued at the beginning of 2019. AI ompany 0.33/1 points awarded Preferred dividends in arrears for 2019 and 2020 7000 14,000 2.000 Preferred dvidends for 2021 Scored Remaining dividends to common stockholders Total dividends 23,000 eas expected in a cell or a no points

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