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Lasers4U Company has 10,000 shares of 2% comulative preferred stock of $50 par and 25,000 shares of $100 par common stock. The following amounts were distributed as dividends are as in first line in chart below: Determining the dividends per share for preferred and common stock for each year. I need help with trying to figure this out. Keep getting wrong anwers when I do sample exercises.
Complete the worksheet for the accounts: Paula- Investment in Shannon Common Stock, Shannon-Common Stock, and Shannon Retained Earnings.
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