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"E14.21 (LO 5) (Preferred Dividends) The outstanding capltal stock of Cleary Corporation consists of 2,000 shares of 5100 par value, 89b prefermed, and 5,000 shares af 550 par value common instructions Assunting that the company has rotained earninas of $90.000, all of which is to be paid out in dividends, and that preferred dlidende were not pail during che 2 years preceding the current year state how much each elass of stock should recelve under each of the following condicions. a. The preferred atock is noncumulative and nonpartidpating b. The preferred stock is comnulative and nonparticipating. c. The preferred stock is curbulative and particlpating (Round dividesd rate perrenteges ro four decimal places)