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n/takeAssignment/takeAssignmentMain.do?invoker assignments&take AssignmentSessionLocator assignment-take&inprogress=false Bock Video Calculator Printiem Cornerstone Exercise 10-34 (Algorithmic) Preferred Share Dividends Beachman, Inc. has 9,000 shares outstanding of 10%, $20 stated

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n/takeAssignment/takeAssignmentMain.do?invoker assignments&take AssignmentSessionLocator assignment-take&inprogress=false Bock Video Calculator Printiem Cornerstone Exercise 10-34 (Algorithmic) Preferred Share Dividends Beachman, Inc. has 9,000 shares outstanding of 10%, $20 stated value, cumulative preferred shares. In 2016 and 2017, no dividends were declared on preferred shares In 2018, Beachman had a profitable year and decided to pay dividends to shareholders of both preferred and common shares Required: If the company has $200,000 available for dividends in 2018, how much could it pay to the common shareholders

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