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What is the amount of dividends received

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Question - Sunland, Inc. has 4800, $9, noncumulative preferred shares issued at $100, and 21100 common shares issued at $2, at December 31, 2021. There were no dividends declared in 2020. The board of directors declares and pays a $50000 dividend in 2021. What is the amount of dividends received by the common shareholders in 2021?

Reference no: EM132610198

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