Hallery Corporation has 15,000 shares of its 5%, $1 par, cumulative preferred stock outstanding. The company declares no dividends in 2014 but in 2015 declares a dividend of $3,100. How much of the dividend do the common stockholders receive? a. $750 b. $1,500 C. $1,600 d. $0 . A company issues 40,000 shares of common stock and later in the year re-purchases 10,000 shares. How many shares are outstanding at the end of the year? a. 30,000 b. 50,000 c. 40,000 d. Can't be determined