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Given: 21,000 shares cumulative preferred stock ($3.75 dividend per share): 42,000 shares common stock. Dividends paid: 2016, $8,400; 2017,0; and 2018, $240,000. How much will
Given: 21,000 shares cumulative preferred stock ($3.75 dividend per share): 42,000 shares common stock. Dividends paid: 2016, $8,400; 2017,0; and 2018, $240,000. How much will preferred and common stockholders receive each year? (Leave no cells blank - be certain to enter "0" wherever required.) 2016 2017 2018 Preferred stockholders Common stockholders
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