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The following information is provided for Slickers, Inc. for year 2019: Preferred stock, 7%, $50 par value, 1,000 shares issued and outstanding Common stock, $100
The following information is provided for Slickers, Inc. for year 2019: Preferred stock, 7%, $50 par value, 1,000 shares issued and outstanding Common stock, $100 par value, 2,000 shares issued and outstanding Dividends in arrears for 2017 and 2018 Total dividends declared and paid during 2019 totaled $25,000 How much of the dividend was paid to the common stockholders during 2019 assuming the preferred stock
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