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Business, 19.10.2019 07:10 brutalgitaffe

Halverstein company's outstanding stock consists of 11,550 shares of cumulative 5% preferred stock with a $10 par value and 4,950 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. dividend declared year 1 $ 0 year 2 $ 9,900 year 3 $ 42,000 the amount of dividends paid to preferred and common shareholders in year 2 is:

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