10. Looper, Inc. has 25,000 shares of 4%, 100 par value, noncumulative preference shares and 50,000 ordinary shares with a 1 par value outstanding at December 31, 2011. There were no dividends declared in 2010. The board of directors declares and pays a 250,000 dividend in 2011. What is the amount of dividends received by the common shareholders in 2011? (3 Points)