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Outstanding stock of the Sunland Service Corporation included 43600 shares of $5 par common stock and 21800 shares of 5%,$10 par non-cumulative preferred stock. In
Outstanding stock of the Sunland Service Corporation included 43600 shares of $5 par common stock and 21800 shares of 5%,$10 par non-cumulative preferred stock. In 2024. Sunland's board of directors declared and paid dividends of $8720. In 2025 , the company's board of directors declared and paid dividends of $26160. How much of the 2025 dividend was distributed to preferred shareholders? $15260.$19620.$10900. None of these answer choices are correct
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