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Mensa corporation has 3000 shares of 7 100 par value

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Reference no: EM13574025

Mensa Corporation has 3,000 shares of 7%, $100 par value preferred stock outstanding at December 31, 2012. At December 31, 2012, the company declared a $105,000 cash dividend. Determine the dividend paid to preferred stockholders and common stockholders under each of the following scenarios.

Reference no: EM13574025

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