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Question 11 0.5 pts A corporation has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common

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Question 11 0.5 pts A corporation has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at the end of the current year. Last year was its first year, and it did not declare a dividend in its first year. This year, it declares and pays $200,000 in dividends. What is the amount of dividends received by the common stockholders in the current year? O 50 $20,000 O $200.000 $120,000 $80,000

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