Lamar Corporation has 3,000 shares of $150 par value,7 percent cumulative preferred stock,and 10,000 shares of $15 par value common stock outstanding during its first five years of operation.Lamar Corporation paid cash dividends as follows: 2009,$25,500; 2010,$0; 2011,$97,500; 2012,$45,000; 2013,$22,500.The amount of dividends received by the preferred stockholders during 2011 was

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The Answer of Lamar Corporation has 3,000 shares of $150 par value,7 percent cumulative preferred stock,and 10,000 shares of $15 par value common stock outstanding during its first five years of operation.Lamar Corporation paid cash dividends as follows: 2009,$25,500; 2010,$0; 2011,$97,500; 2012,$45,000; 2013,$22,500.The amount of dividends received by the preferred stockholders during 2011 was

Lamar Corporation Has 3,000 Shares of $150 Par Value,7 Percent