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XYZ had 200,000 shares of its $20, par value, 6% cumulative preferred stock and 500,000,$2 par value common shares outstanding for the past three years.

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XYZ had 200,000 shares of its $20, par value, 6% cumulative preferred stock and 500,000,$2 par value common shares outstanding for the past three years. During the past three years xYz declared and paid dividends as follows: Required: Determine the total dividends paid to preferred stockholders during year 3. Pound answer to nearest dollar

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