Curtain Company paid dividends of 7 000 12 000 and 12 000

Last updated: 4/24/2023

Curtain Company paid dividends of 7 000 12 000 and 12 000 during Year 1 Year 2 and Year 3 respectively The company had 2 000 shares of 5 0 100 par value preferred stock outstanding that paid a cumulat dividend What is the total amount of dividends paid to common shareholders during Year 3 Multiple Choice 10 000 5 000 1 000 3 000