Question: On January 1 , 2 0 2 4 , a company issued 1 0 , 0 0 0 shares of 1 0 % , $

On January 1,2024, a company issued 10,000 shares of 10%,$10 par value cumulative preferred stock. No dividends were declared in 2024 or 2025. In 2026, the company declared a dividend of $200,000. How much of the 2026 dividend should be paid to common stockholders?
a. $170,000
b. $190,000
c. $197,000
d. $200,000
On January 1,2024, a company issued 10,000 shares of 10%,$10 par

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