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Question 15 of 31 View Policies Current Attempt in Progress -/3 E 1 Outstanding stock of the Blossom Company included 51000 shares of $5

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Question 15 of 31 View Policies Current Attempt in Progress -/3 E 1 Outstanding stock of the Blossom Company included 51000 shares of $5 par common stock and 20000 shares of 5%, $10 par non- cumulative preferred stock. In 2019, Blossom declared and paid dividends of $15300. In 2020, Blossom declared and paid dividends of $45900. How much of the 2020 dividend was distributed to preferred shareholders? $35900. $25300. $10000. None of these answer choices are correct. Save for Later Attempts: 0 of 1 used Submit Answer

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