What is amount of dividends received by common stockholders

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Reference no: EM133382458

Question: Blossom Restaurant Supply Company has 9000 shares of 5% value, $100 par value, cumulative preferred stock and 18000 shares of $1 par value common stock outstanding at December 31, 2023, December 31, 2024, December 31, 2025. There were no dividends declared in 2023. The board of directors declares and pays a $81000 dividend in 2024 and 2025. What is the amount of dividends received by the common stockholders in 2025?

Reference no: EM133382458

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