Question 4 1.5pts Boardwalk, Inc has the following shares outstanding. 10,000 shares $0.01 par value...
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Question 4 1.5pts Boardwalk, Inc has the following shares outstanding. 10,000 shares $0.01 par value common stock 4,000 shares $100 par value 8% preferred stock. Prior years' dividend declarations and payments are as follows: 2020:32,0002021:40,0002022:30,000 In 2023 , Boardwalk declares a $50,000 dividend. If the preferred shares are CUMULATIVE, how much of the 2023 dividend will be paid to preferred shareholders? If the preferred shares are CUMULATIVE, how much of the 2023 dividend will be paid to common shareholders? If the preferred shares are NONCUMULATIVE, how much of the 2023 dividend will be paid to preferred shareholders? If the preferred shares are NONCUMULATIVE, how much of the 2023 dividend will be paid to common shareholders
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