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Given: 33,000 shares cumulative preferred stock ($6.75 dividend per share): 66,000 shares common stock. Dividends paid: 2013, $13,200; 2014, 0; and 2015, $680,000. How much
Given: 33,000 shares cumulative preferred stock ($6.75 dividend per share): 66,000 shares common stock. Dividends paid: 2013, $13,200; 2014, 0; and 2015, $680,000.
How much will the preferred stockholders and the common stockholders receive each year? (Leave no cells blank - be certain to enter "0" wherever required.)
2013 | 2014 | 2015 | |
Preferred stockholders | $ | $ | $ |
Common stockholders | $ | $ | $ |
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