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Please help me with (C) give a detail calculation. *Pr. 15-166 Dividends on preference and ordinary shares. Rensing, Inc., has $800,000 of 8% preference shares

Please help me with (C) give a detail calculation. *Pr. 15-166 Dividends on preference and ordinary shares. Rensing, Inc., has $800,000 of 8% preference shares and $1,200,000 of ordinary shares outsta...

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