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Permabilt Corporation was incorporated on January 1 , 2 0 2 2 , and issued the following stock for cash: 2 , 0 0 0
Permabilt Corporation was incorporated on January and issued the following stock for cash:
shares of nopar common stock were authorized; shares were issued on January at $ per share.
shares of $ par value, cumulative, preferred stock were authorized; shares were issued on January at $ per share.
No dividends were declared or paid during or However, on December the board of directors of Permabilt Corporation declared dividends of $ payable on February to holders of record as of January
b Of the total amount of dividends declared during how much will be received by prefarred shareholders?
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