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Yorks outstanding stock consists of 70,000 shares of cumulative 8.5% preferred stock with a $5...

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Accounting

Yorks outstanding stock consists of 70,000 shares of cumulative 8.5% preferred stock with a $5 par value and also 290,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:

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