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Question 4 of 6 - 71 = View Policies Current Attempt in Progress Novak Corp. has 10,100 shares of 9%, $100 par value, cumulative preferred

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Question 4 of 6 - 71 = View Policies Current Attempt in Progress Novak Corp. has 10,100 shares of 9%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividends were declared in 2020 or 2021. If Novak wants to pay $395,000 of dividends in 2022, what amount of dividends will common stockholders receive? $ Dividends allocated to common stock e Textbook and Media Save for Later Attempts: unlimited Submit

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