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Nash's Trading Post, LLC has 5000 shares of 5%, $100 par value, cumulative preferred stock and 10000 shares of $1 par value common stock outstanding
Nash's Trading Post, LLC has 5000 shares of 5%, $100 par value, cumulative preferred stock and 10000 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2018. The board of directors declares and pays a $45000 dividend in 2019 and in 2020. What is the amount of dividends received by the common stockholders in 2020?
$15000.
$25000.
$20000.
$0.
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