Question: I need the answer as soon as possible. Halsey Corporation first issued stock on January 1, 2016. Halsey has the following stock outstanding on December

I need the answer as soon as possible.

Halsey Corporation first issued stock on January 1, 2016. Halsey has the following stock outstanding on December 31, 2019: Preferred Stock (5 percent cumulative,

Halsey Corporation first issued stock on January 1, 2016. Halsey has the following stock outstanding on December 31, 2019: Preferred Stock (5 percent cumulative, $45 par, 10,000 shares authorized, 6,000 shares issued and outstanding) Common Stock ($5 par, 100,000 shares authorized, 75,000 shares issued and outstanding) $375,000 $270,000 Halsey Corporation paid cash dividends as follows: 2016 $10,000 2017 $0 2018 $25,000 2019 $20,000 Calculate the total cash dividends received by preferred and common stockholders during the years of 2016 to 2019.

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