Question: Current Attempt in Progress At December 3 1 , 2 0 2 5 and 2 0 2 6 , Martinez Corp. had outstanding 4 2

Current Attempt in Progress
At December 31,2025 and 2026, Martinez Corp. had outstanding 4200 shares of $100 par value 6% cumulative preferred stock and 19800 shares of $10 par value common stock. At December 31,2025, dividends in arrears on the preferred stock were $12200. Cash dividends declared in 2026 totaled $45600. What amounts were payable on each class of stock?
 Current Attempt in Progress At December 31,2025 and 2026, Martinez Corp.

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