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Kimball, Inc, has outstanding 10.000 shares of $75 par value, 6% nonparticipating, cumulative preferred stock and 16,000 shares of $15 par value common stock If
Kimball, Inc, has outstanding 10.000 shares of $75 par value, 6% nonparticipating, cumulative preferred stock and 16,000 shares of $15 par value common stock If the dividend on preferred stock is two years in arrears, and the total cash dividend declared this year is $255,000, then the total amounts distributed to preferred and common stockholders, respectively, are Select one A. $40,500 and $214,500 B. $90,000 and $165,000 C$135,000 and $120,000 D. $81,000 and $174,000
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