Question 17 Nec yet awered Med out of 10 question Jordan Company has 1,000 shares of 50 par value, cumulative preferred stock and 50,000 shares of $10 par value common stock outstanding. The company paidah didents of 11.00 in its first year of operation, and declared total cash dividends of $5.000 in its second year of operation The cash dividend paid to common stockholders in the second year will be Select one a $3.500 b. 52.250 c. $2,750 d. $1,000