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On January 1,2018, a company issued 12,000 shares of 10%,$10 par value cumulative preferred stock....

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Accounting

On January 1,2018, a company issued 12,000 shares of 10%,$10 par value cumulative preferred stock. No dividends were declared at the end of 2018 or 2019. In 2020, the company declared a total dividend of $250,000. How much of the 2020 dividend should be paid to preferred and common stockholders? Enter your response below. (4 points for each response; total of 8 points)
Common Stockholders:
Preferred Stockholders:
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