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What is the amount of dividends common shareholders

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Question - The shareholders' equity of Green Corporation Includes $320,000 of $1 par common stock and $510,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $61,000 In 2021 after paying $31,000 cash dividends In each of 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021?

Reference no: EM133152387

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