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The shareholders equity of HS Corporation includes $390,000 of $1 par common stock and $690,000 par value of 7% cumulative preferred stock. The board of
| The shareholders equity of HS Corporation includes $390,000 of $1 par common stock and $690,000 par value of 7% cumulative preferred stock. The board of directors of HS declared cash dividends of $79,000 in 2016 after paying $39,000 cash dividends in 2015 and $59,000 in 2014. |
| Required: |
| What is the amount of dividends common shareholders will receive in 2016? |
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