31 Not yet answered Marked out of 2.00 Rog question Star Corporation has: 400,000 common shares outstanding ($ 1 par), 20,000 preferred Non-Cumulative shares outstanding ($ 50 par, 10% dividend rate). 8,000 preferred cumulative shares outstanding ($ 100 par, 6% dividend rate). The corporation had not paid any dividends for the year 2016. During December 2017, the corporation declared a total of $300,000 as cash dividends for all shareholders. Required: Calculate the Total amount common shareholders will receive from this amount. (Note: write your answer as a number only, with No commas or signs)