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On September 15, 2021, Sheridan Corporation declared a $215000 dividend to be paid on October 15 to shareholders of record on September 30. Assuming that

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On September 15, 2021, Sheridan Corporation declared a $215000 dividend to be paid on October 15 to shareholders of record on September 30. Assuming that the preferred dividends have NOT been paid since 2019, the total amount of the dividend paid to the preferred shareholders in 2021 would be $130000. $215000 $43333. $0

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