Question: Question 4 View Policies Current Attempt in Progress Outstanding stock of the Splish Corporation included 52000 shares of $5 par common stock and 19000 shares
Question 4 View Policies Current Attempt in Progress Outstanding stock of the Splish Corporation included 52000 shares of $5 par common stock and 19000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Splish declared and paid dividends of $5200. In 2020, Splish declared and paid dividends of $26000. How much of the 2020 dividend was distributed to preferred shareholders? $14700 $28500. $9500 None of these answer choices are correct
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