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Given: 20,000 Shares cumulative preferred stock (2.25 dividend per share). 40,000 shares common stock. Dividends paid: 2018 $8000, 2019 None and 2020 $160,000 How much

Given: 20,000 Shares cumulative preferred stock (2.25 dividend per share). 40,000 shares common stock. Dividends paid: 2018 $8000, 2019 None and 2020 $160,000

How much will the preferred and the common stockholders receive each year?

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