Tamer Ashour - To x * Course Hero X 2) E4.13 (LO 3) (Earn X WP NWP Assessment X WP Ch 4: Lab X Course Hero X G At December 31, X + X C https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=e4692006-1e9d-48bb-a9c6-e79522d8c560. - Ch 4: Lab Question 6 of 6 9 / 18 E Your answer is partially correct. At December 31, 2019, Shiga Naoya Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares $10,750,000 Common stock, $5 par, 4,000,000 shares 20,000,000 During 2020, Shiga Naoya did not issue any additional common stock. The following also occurred during 2020. Income from continuing operations before taxes $23,650,000 Discontinued operations (loss before taxes) $3,225,000 Preferred dividends declared $1,075,000 Common dividends declared $2,200,000 Effective tax rate 17 % 3:40 PM ~ O ENG 2/4/2022 4Tamer Ashour - To x * Course Hero X 2) E4.13 (LO 3) (Earn X WP NWP Assessment X WP Ch 4: Lab X Course Hero X G At December 31, X + X C https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=e4692006-1e9d-48bb-a9c6-e79522d8c560.. - Ch 4: Lab Question 6 of 6