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Business, 15.04.2020 22:12 tyrique86

Sunland, Inc. has 3600 shares of 5%, $50 par value, cumulative preferred stock and 72000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2018. The board of directors declared and paid a $3100 dividend in 2019. In 2020, $17000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020?

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