Maria Merchandise had 20,000 shares of 4%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2015. These data apply to the independent situation below. Assuming that total dividends declared in 2020 were $25,000 and that the preferred stock is noncumulative, common stockholders should receive total 2020 dividends of Question 52 2 pts Green Corp. had 10,000 shares of 4%. $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2020. These data apply to the independent situation below. Assuming that total dividends declared in 2020 were $80,000 and that the preferred stock is cumulative with two years' preferred dividends in arrears, the preferred stockholders should receive 2020 dividends totaling Blue Corp. purchased 3,000 shares of Green Inc. common stock for $12 per share as a long-term available-for-sale investment on June 30, 2020. Green declared and paid a cash dividend of $1.50 per share on its common stock on September 30, and had a closing fair value of $18 per share on December 31. Assuming this investment is appropriately accounted for using the fair value method, it will increase Green's 2020 income before taxes by D Question 56 2 pts Harry Inc. purchased 40% of the outstanding common stock of Watt Inc. on January 1, 2020 for $200,000. Watt reported net income of $70,000 for 2020 and declared and paid cash dividends on common stock of $20,000. The amount of Harry's investment in Watt on December 31, 2020 should be Question 57 2 pts Roccadas