Given that april has 2800 of 100 par 8 cumulative

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April Corporation in its first 3 years of operation paid out the following dividends: * Year 1: 0 * Year 2: 27,000 *Year 3: 94,000 Given that April has 2,800 of $100 par 8% cumulative, nonparticipating preferred stock and 14,500 shares of $25 par value common stock, what would be the total dividends paid each year to holders of common and preferred?

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