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Business, 01.09.2021 01:20 MrKrinkle77

Outstanding stock of the Whispering Corporation included 39000 shares of $5 par common stock and 12500 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Whispering declared and paid dividends of $1950. In 2020, Whispering declared and paid dividends of $19500. How much of the 2020 dividend was distributed to preferred shareholders

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