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Business, 22.08.2019 02:20 calistaallen6655

Cheyenne corp. has 8500 shares of 5%, $100 par value, cumulative preferred stock and 17000 shares of $1 par value common stock outstanding at december 31, 2017. there were no dividends declared in 2015. the board of directors declares and pays a $76500 dividend in 2016 and in 2017. what is the amount of dividends received by the common stockholders in 2017?

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