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he following information is provided for Slickers, Incorporated for year 2022 : Preferred stock, 7%, $50 par value, 1,000 shares issued and outstanding Common stock,
he following information is provided for Slickers, Incorporated for year 2022 : 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 2020 and 2021 Total dividends declared and paid during 2022 totaled $25,000 How much of the dividend is paid to the common stockholders during 2022 assuming the preferred stock is cumulative? Multiple Choice $14,500. $3,500. $22,500. $7,000
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