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Vaughn Manufacturing has 5300 shares of 6%, $50 par value, cumulative preferred stock and 46500 shares of $1 par value common stock outstanding at December
Vaughn Manufacturing has 5300 shares of 6%, $50 par value, cumulative preferred stock and 46500 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid an $14500 dividend in 2019. In 2020, $66500 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020? $15900. $43900. $54500. $49200
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