Ayayai Corp. has 5000 shares of 10%, $50 par value, cumulative preferred stock and 45000 shares of $1 par value common stock outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid an $13000 dividend in 2016. In 2017, $65000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2017
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Ayayai Corp. has 5000 shares of 10%, $50 par value, cumulative preferred stock and 45000 shares of $...
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