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Ivanhoe Appliance Company has 5500 shares of 6%,$50 par value, cumulative preferred stock and 110000 shares of $1 par value common stock outstanding at December
Ivanhoe Appliance Company has 5500 shares of 6%,$50 par value, cumulative preferred stock and 110000 shares of $1 par value common stock outstanding at December 31,2025, and December 31,2024. The board of directors declared and paid a $14500 dividend in 2024. In 2025, a total of $60,000 in dividends are declared and paid. What are the dividends received by the preferred stockholders in 2025? $33000. $47500. $18500. $16500
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