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What are the dividends received

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Reference no: EM132875961

Question - Bramble Corp., has 5000 shares of 4%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common stock outstanding at December 31, 2021, and December 31, 2020. The board of directors declared and paid an $7900 dividend in 2020. In 2021, $38200 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2021?

Reference no: EM132875961

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