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Business, 28.11.2019 22:31 Kayteeortiz4593
Outstanding stock of the sunland corporation included 41000 shares of $5 par common stock and 13500 shares of 5%, $10 par non-cumulative preferred stock. in 2019, sunland declared and paid dividends of $6150. in 2020, sunland declared and paid dividends of $20500. how much of the 2020 dividend was distributed to preferred shareholders?
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