A company plans to distribute $134,000 in dividends. It has outstanding 200,000 shares of 7% $10 par preferred stock (non-cumulative and non-participating) and 60,000 shares of $2 par common stock. How much will be distributed per share on preferred and common stock? 
Definitions:
Mixed Method Approach
An approach in research that combines qualitative and quantitative methods to gain a comprehensive understanding of a research question.
Research Methods
Strategies used to collect data.
Participant Observation
A qualitative research method where the researcher immerses themselves in the community or situation they are studying to observe and participate in its activities.
Semi-Covert Research
Research conducted with some level of secrecy or without fully disclosing the study's purpose to participants, often to observe behaviors naturally.
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