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Malk.do/invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Calculator Situation 2 Bell Company has the following stock outstanding: Common Stock Preferred Stock 69,000 shares Cumulative: 2,000 shares $1

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Malk.do/invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Calculator Situation 2 Bell Company has the following stock outstanding: Common Stock Preferred Stock 69,000 shares Cumulative: 2,000 shares $1 par value $50 par, $2 dividend Noncumulative: 3,000 shares $50 par, $2 dividend No dividends were declared in year 1 of operation. In year 2, there is $38,000 available for dividends. Prepare tidend allocation between the preferred and common shares in total and per share. If required, round per share amounts to two decimal places

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