6-14) Capital Venture, Inc. began operations in January 2011 by issuing common stock for $6 per share.
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8.6-14) Capital Venture, Inc. began operations in January 2011 by issuing common
stock for $6 per share. Net income for 2011 was $100,000 and total dividends were
$11,500
preferred stock, 6% cumulative, $50 par value, 1,000 shares authorized and issued.
How would I figure out the amount for this?
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