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Tamarisk Corporation issued 115,000 shares of $18 par value, cumulative, 8% preferred stock on January 1,2021 , for $2,530,000. In December 2023, Tamarisk declared its

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Tamarisk Corporation issued 115,000 shares of $18 par value, cumulative, 8% preferred stock on January 1,2021 , for $2,530,000. In December 2023, Tamarisk declared its first dividend of $730,000. (a) If the preferred stock is not cumulative, how much of the $730,000 would be paid to common stockholders? Common Stock Dividends $

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