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M. Crane Corporation has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2020. No dividends were declared in

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M. Crane Corporation has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2020. No dividends were declared in 2018 or 2019. If M. Crane wants to pay $350,000 of dividends in 2020, what amount of dividends will common stockholders receive? Amount of dividend

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