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Mack Corporblion has 3,000 shares of $100 par value, 7 percent cumulative preforred slock, and 10,000 shares of $10 par value common stock outstanding during

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Mack Corporblion has 3,000 shares of $100 par value, 7 percent cumulative preforred slock, and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Mack Corporation paid cash dividends as follows: 2007, $10,600;2008,50,2009,$65,000;2010, $30,000,2011,$15,000. The amount of dividends the common stockholders recolved during 2007 wes 4.$15,750 b. $5,250. c. 50 a. 510.500

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