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Marigold, Inc. has 4000 shares of 6%, $50 par value, cumulative preferred stock and 80000 shares of $1 par value common stock outstanding at
Marigold, Inc. has 4000 shares of 6%, $50 par value, cumulative preferred stock and 80000 shares of $1 par value common stock outstanding at December 31, 2019. The board of directors declared and paid a $8300 dividend in 2019. In 2020, $27900 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020? Preferred Common $12200 $15700 $12000 $15900 $13950 $13950 $15700 $12200
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