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7 of 50 < > View Policies -/2 Current Attempt in Progress Sheffield, Inc. has 5100 shares of 6%, $100 par value, noncumulative preferred stock

7 of 50 < > View Policies -/2 Current Attempt in Progress Sheffield, Inc. has 5100 shares of 6%, $100 par value, noncumulative preferred stock and 20400 shares of $1 par value common stock outstanding at December 31, 2021. There were no dividends declared in 2020. The board of directors declares and pays a $64600 dividend in 2021. What is the amount of dividends received by the common stockholders in 2021? $64600 $0 $30600 $34000 Save for Later Attempts: 0 of 1 used Submit

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