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Venu Corp. declares a $75,000 cash dividend. The amount owed to preferred stockholders, including dividends in arrears, is calculated to be $40,000. The preferred dividends

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Venu Corp. declares a $75,000 cash dividend. The amount owed to preferred stockholders, including dividends in arrears, is calculated to be $40,000. The preferred dividends have not been paid for two years. How much will be left over to pay common stockholders? $55,000 $0 $75,000 $35,000

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