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Outstanding stock of the Novak Corp. included 53000 shares of $5 par common stock and 8000 shares of 5%, $10 par non- cumulative preferred stock.

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Outstanding stock of the Novak Corp. included 53000 shares of $5 par common stock and 8000 shares of 5%, $10 par non- cumulative preferred stock. In 2019, Novak declared and paid dividends of $5300. In 2020, Novak declared and paid dividends of $15900. How much of the 2020 dividend was distributed to preferred shareholders? $11900 $9300 $4000 None of these answer choices are correct. Ayayai Corp, has 10000 shares of 5% $100 par value cumulative preferred stock and 20000 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 $90000 dividend in 2019 and in 2020. What is the amount of dividends received by the common stockholders in 2020? $30000 $0 $50000 $40000 Swifty Corporation began business in 2020 by issuing 76000 shares of $5 par common stock for $9 per share and 16000 shares of 6%.510 par preferred stock for par. At year end, the common stock had a market value of $10, Onits December 31, 2020 balance sheet, Swifty would report Paid-In Capital of $535000 Common Stock of $684000 Common Stock of $760000 Common Stock of $380000 Accounts receivable arising from sales to customers amounted to $46000 and $52000 at the beginning and end of 2022, respectively. Income reported on the income statement for the year was $290000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is $284000 $296000 $290000 $336000

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