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Michigan Manufacturing Inc. reported the following: (Click the icon to view the data.) Michigan Manufacturing...

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Accounting

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Michigan Manufacturing Inc. reported the following: (Click the icon to view the data.) Michigan Manufacturing has paid all preferred dividends through 2016. Requirement Compute the total amounts of dividends to both preferred and common shareholders for 2019 and 2020 if total dividends are $90,000 in 2019 and $180,000 in 2020. Data table

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