Anders, Inc., has 5,000 shares of 5%, $100 par value, cumulative preferred stock and20,000 shares of $1 par value common stock outstanding at December 31, 2011. Therewere no dividends declared in 2009. The board of directors declares and pays a $45,000dividend in 2010 and in 2011. What is the amount of dividends received by the commonstockholders in 2011? a. $15,000b. $25,000c. $45,000d. $0
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