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Accounting

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[The following information applies to the questions displayed below.]
Green Planet Corporation has 4,300 shares of noncumulative 13% preferred stock with a $2 par value and 18,000 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends.
\table[[Year 1 total cash dividends,$770
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