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Question 2 View Policies Current Attempt In Progress Vaughn Manufacturing has 8400 shares of 10%, $50 par value, cumulative preferred stock and 168000 shares of
Question 2 View Policies Current Attempt In Progress Vaughn Manufacturing has 8400 shares of 10%, $50 par value, cumulative preferred stock and 168000 shares of $1 par value common stock outstanding at December 31, 2017, and December 31, 2016. The board of directors declared and paid a $12200 dividend in 2016. In 2017, $61000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2017? $96200. $84000. $42000 $71800
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