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Sweet Company's outstanding stock consists of 1,160 shares of cumulative 5% preferred stock with a $100 par value and 10,000 shares of common stock with

Sweet Company's outstanding stock consists of 1,160 shares of cumulative 5% preferred stock with a $100 par value and 10,000 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid $3,600 $ 6,400 $ 32,500 The amount of dividends paid to preferred and common shareholders in year 3 is: Year 1 Year 2 Year 3 Multiple Choice $7,400 preferred, $25,100 common. $5,800 preferred, $26,700 common.
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Sweet Company's outstanding stock consists of 1,160 shares of cumulative 5% preferred stock with a $100 par value and 10,000 shares of cammon stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends The amount of dividends paid to preferted and common shareholders in year 3 is: Mulvple choice $7,400 preferied, $25,100 common $5,800 piefered, $26700 common $7,400 preferred, $25,100 common. $5,800 preferred; $26,700 common $15,800 preferred, $19,400 cornmon $32,500 preferred, $0 common $0 preferred, $32.500 common

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