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Question 26 of 63 -/1 View Policies Current Attempt in Progress Waterway Company has 4500 shares of 5%, $100 par non-cumulative preferred stock outstanding at

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Question 26 of 63 -/1 View Policies Current Attempt in Progress Waterway Company has 4500 shares of 5%, $100 par non-cumulative preferred stock outstanding at December 31, 2018. No dividends have been paid on this stock for 2017 or 2018. Dividends in arrears at December 31, 2018 total $2250 $45000 O 50. $22500 Sunland Corporation sold 510 shares of treasury stock for $55 per share. The cost for the shares was $35. The entry to record the sale will include a credit to Treasury Stock for $28050. O credit to Gain on Sale of Treasury Stock for $17850. debit to Paid-in Capital in Excess of Par for $10200. credit to Paid-in Capital from Treasury Stock for $10200. Current Attempt in progress Bramble, Inc. has 11100 shares of 4%, $100 par value, noncumulative preferred stock and 111000 shares of S1 par value common stock outstanding at December 31, 2017 and December 31, 2018. The board of directors declared and paid a $50100 dividend in 2017. In 2018, 5110000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2018? Preferred Common O $44400 $65600 O $75600 $34400 SO $110000 $55000 $55000

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