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Holt Company paid out cash dividends at the end of each year as follows: Year Dividends 2018 $251,000 2019 $354,000 2020 $375,000 (a) Assume

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Holt Company paid out cash dividends at the end of each year as follows: Year Dividends 2018 $251,000 2019 $354,000 2020 $375,000 (a) Assume that Holt had 280,000 common shares and 10,000, $7, non-cumulative preferred shares. How much cash would be paid out in 2018, 2019, and 2020 to each class of shares? car Preferred $ 2018 $ 2019 Common Total ENG

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