Mozart & Company paid cash dividends totaling $150,000 in 2013 and $75,000 in 2014.In 2015,the company will pay cash dividends of $800,000.There were no dividends in arrears as of January 1,2013.There are 25,000 shares of common stock outstanding and 100,000 shares of 6 percent,$50 par cumulative preferred. What is the amount of cash dividends payable to common stockholders in 2015?

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The Answer of Mozart & Company paid cash dividends totaling $150,000 in 2013 and $75,000 in 2014.In 2015,the company will pay cash dividends of $800,000.There were no dividends in arrears as of January 1,2013.There are 25,000 shares of common stock outstanding and 100,000 shares of 6 percent,$50 par cumulative preferred. What is the amount of cash dividends payable to common stockholders in 2015?

Mozart & Company Paid Cash Dividends Totaling $150,000 in 2013