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3) The shareholders' equity of HS Corporation includes $210,000 of $1 par common stock and $510,000 par of 7% cumulative preferred stock. The board of

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3) The shareholders' equity of HS Corporation includes $210,000 of $1 par common stock and $510,000 par of 7% cumulative preferred stock. The board of directors of HS declared cash dividends of $63,000 in 2024 after paying $21,000 cash dividends in 2023 and $41,000 in 2022 . Required: What is the amount of dividends common shareholders will receive in 2024

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