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Western Communications has the following stockholders' equity: Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2014
Western Communications has the following stockholders' equity: Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2014 and 2015 if total dividends are $10,000 in 2014 and $54,000 in 2015. Compute the dividends for 2014, then for 2015. (Complete all answer boxes. Enter a "0" for any zero balances.)
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