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Happy farmer inc has 44000 shares of common stock outstanding and 6000 shares of preferred stock outstanding. The common stock is $.04 par value; the
Happy farmer inc has 44000 shares of common stock outstanding and 6000 shares of preferred stock outstanding. The common stock is $.04 par value; the preferred stock is 6% noncumlative with a $100 par value. On October 15, 2017, the company declares a total dividend payment of $43000. What is the total amount of dividends that will be paid to the common stockholders?
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