ALWEHDAT 8:23 PM juexams.com @48% Marked out of 1.00 Time left 0:37:04 Flag question Arab Company has 4,000 shares of 8%, $100 par value, noncumulative preference shares and 100,000 ordinary shares with a $1 par value outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $30,000 dividend in 2019. In 2020, $90,000 of dividends are declared and paid. What are the dividends received by the ordinary shareholders in 2020? $56,000 $64,000 $58,000 $88,000 Next page