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Sam's Foods has outstanding 450 shares of 5% preferred stock, $100 par value; and 1,200 shares of common stock, $1 par value. Sam's declares dividends

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Sam's Foods has outstanding 450 shares of 5% preferred stock, $100 par value; and 1,200 shares of common stock, $1 par value. Sam's declares dividends of $14,800. Which of the following is the correct entry

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