Question $6,$ EF$13-28($similar to$)$

Part $1$ of $4$

HW Score: $17\mathrm{.}99\%,3\mathrm{.}6$ of $20$ points

Points: $0$ of $2$

The following elements of stockholders' equity are from the balance sheet of Sandy Marketing Corp. at December $31,2023$:

$($Click on the icon to view the data.$)$

Sandy paid no preferred dividends in $2023.$

Read the requirements. any zero amounts.$)$

Sandy's $2024$ dividend would be divided between preferred and common stockholders in this manner:

Total Dividend$-2024$

Dividend to preferred stockholders:

Dividend in arrears

Current year dividend

Total dividend to preferred stockholders

Dividend to common stockholders

Data table

$\backslash$table$[[$Stockholders$\text{'}$ Equity$],[$Paid$-$In Capital:,$],[\backslash$table$[[$Preferred Stock$-4\%,$ $$2$ Par Value; $110,000$ shares$],[$authorized$,70,000$ shares issued and outstanding$]],$$$,140,000$