17 The shareholders' equity of Gardiner Corporation includes $320,000 of $1 par common stock and $510,000 par of 7% cumulative preferred stock. The board of directors of Gardiner declared cash dividends of $61,000 in 2021 after paying $31,000 cash dividends in each of 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021? Multiple Choice $25,300. O $40,400. $45,100 $15,900