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Sheffield Corp. has 6600 shares of 6%, $50 par value, cumulative preferred stock and 132000 shares of $1 par value common stock outstanding at December
Sheffield Corp. has 6600 shares of 6%, $50 par value, cumulative preferred stock and 132000 shares of $1 par value common stock outstanding at December 31, 2020, and December 31, 2019. The board of directors declared and paid a $11500 dividend in 2019. In 2020, $57500 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2020? $28100. O $51100. O $39600. O $19800
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