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Beagle Corporation has 28,000 shares of $10 par common stock outstanding and 17,500 shares of...

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Accounting

Beagle Corporation has 28,000 shares of $10 par common stock outstanding and 17,500 shares of $100 par, 4.25% cumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $450,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively?

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