Question: I need typed solution with explanation. Don't use AI BOT. Explain step by step i will thumb up. The following data is available for Dole

I need typed solution with explanation. Don't use AI BOT. Explain step by step i will thumb up.

The following data is available for Dole Corporation at December 31, 2021 Common stock, par $10 (authorized 100,000 shares, $600,000 issued 60,000 shares, 52,000 shares outstanding) Treasury stock (8,000 shares) $120.000 On 1/1/22, Dole declared a cash dividend of $.75 per share of common stock. What is the total amount of the dividend payable to common stockholders? $75,000 None of these answers are correct $45,000 $39.000

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