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Business, 02.12.2019 21:31 arunamvr

Outstanding stock of the sheridan corporation included 35000 shares of $5 par common stock and 10500 shares of 5%, $10 par non-cumulative preferred stock. in 2019, sheridan declared and paid dividends of $5250. in 2020, sheridan declared and paid dividends of $17500. how much of the 2020 dividend was distributed to preferred shareholders?

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