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Seacrest Company has 1 5 , 0 0 0 shares of cumulative preferred 1 % stock, $ 1 0 0 par and 5 0 ,

Seacrest Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
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