M. Bonita Corporation has 19,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividends were declared in 2020 or 2021. If M. Bonita wants to pay $490,000 of dividends in 2022, what amount of dividends will common stockholders receive?

Respuesta :

Answer:

$135,000 (375,000- 240,000) (80,000 *2 + 80,000 = 240,000)