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Stonework Company's outstanding stock is 80 shares of $80, 6% cumulative preferred stock and 2, 500 shares of S10 par common stock. Stonework paid S2.400
Stonework Company's outstanding stock is 80 shares of $80, 6% cumulative preferred stock and 2, 500 shares of S10 par common stock. Stonework paid S2.400 in cash dividends including one-year dividends in arrears to preferred stockholders. Common stockholders received: $1, 500. $0. $1.632. $2,016
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