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Business, 03.12.2019 05:40 reagriffis24

Concord corporation has 5400 shares of 6%, $50 par value, cumulative preferred stock and 108000 shares of $1 par value common stock outstanding at december 31, 2020, and december 31, 2019. the board of directors declared and paid a $14000 dividend in 2019. in 2020, $7 of dividends are declared and paid. what are the dividends received by the preferred stockholders in 2020?

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