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Business, 21.11.2019 23:31 wi8wuwj283jendjdudjd

Madison co. paid dividends of $3,000; $6,000; and $10,000 during 2012, 2013 and 2014 respectively. the company had 500 shares of preferred stock outstanding with a $10 per share cumulative dividend. the amount of dividends received by the common shareholders during 2014 would be:

a. $6,000.
b. $5,000.
c. $3,000.
d. $4,000.

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