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A company has had 7,500 shares of 6%, $50 par, cumulative preferred stock outstanding as well as 28,000 shares of $10 par common stock since

A company has had 7,500 shares of 6%, $50 par, cumulative preferred stock outstanding as well as 28,000 shares of $10 par common stock since it was incorporated . During the first, second and third years of operations, $15,000, $18,000, and $50,000 in dividends, respectively, were paid. The dividends paid to the Common Stockholders in year three amounted to:

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