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Please help calculate the annual dividend on preferred shares The shareholders' equity section of Ivanhoe Corporation's statement of financial position at December 31 is presented
Please help calculate the annual dividend on preferred shares
The shareholders' equity section of Ivanhoe Corporation's statement of financial position at December 31 is presented here. IVANHOE CORPORATION Statenent of Financial Position (partial) Shareholders' equity Contributed capital $4 Preferred shares, cumulative, 8,000 authorized, 6000 shares issued Common shares, 700,000 authorized, 510,000 shares issued Contributed surplus Total contributed capital Retained earnings Total shareholders' equity $750,000 2,269,500 104,000 2883,500 From your review of the shareholders' equity section above, answer the following questions.
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