Assume that the preferred shares are cumulative

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Reference no: EM13751905

Given below is the partial stockholders equity section of the Balance Sheet (as of 12/31/2014) for Toys and Stuff, Inc.

Paid-in-Capital

4% Preferred shares ($100 par) $500,000

Common shares ($1 par) $500,000

Assume that the preferred shares are cumulative, and that no dividends had been paid for 2012 and 2013. If total dividends to be paid for 2014 are $200,000, how much dividends will be paid to the common stockholders?

Reference no: EM13751905

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