Question: Preferred Stock ( 6 % , $ 2 0 par, cumulative, 7 , 0 0 0 shares authorized, 3 , 0 0 0 issued and

Preferred Stock (6%, $20 par, cumulative, 7,000 shares authorized, 3,000 issued and outstanding)
Common Stock ( $5 par, 140,000 authorized, 112,000 issued, 105,000 outstanding)
On December 31 of each of the following years, the company declared the following cash dividends:
Determine the total amount of dividends that the common stockholders received during the years 2020-2022:
Select one:
a. $13,120
b. $14,220
c. $0
d. $10,620
e. $9,520
 Preferred Stock (6%, $20 par, cumulative, 7,000 shares authorized, 3,000 issued

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