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Holiday Company prepared the following stockholders' equity section of its balance sheet on December 31. 2014. (Click the icon to view the data.) Holiday didn't
Holiday Company prepared the following stockholders' equity section of its balance sheet on December 31. 2014. (Click the icon to view the data.) Holiday didn't pay any dividends in 2015 and 2016. In 2017 the company declares cash dividends of dollar17,000. How much of this dividend goes to preferred stockholders? How much goes to common stockholders? Assume the preferred stock is cumulative. Holiday's preferred stock dividend for 2017_____Holiday's common stock dividend for 2017_____
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