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Business, 01.04.2021 20:30 aidanfbussiness

Hawkins Inc. has 4,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2018. The board of directors declared and paid a $8,000 dividend in 2018. In 2019, $48,000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2019

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