Assume the following shares outstanding at December 31, 2017: Preferred shares, $3, cumulative, 1,000 shares outstanding with dividends in arrears for 2015, 2016, and 2017 Common shares, 2,000 shares outstanding. No shares were issued or repurchased during 2018. Total dividends declared in 2018 amounted to $30,000. The total amount of dividends to which common shareholders are entitled is: a. b. c. d. $30,000. $27,000. $27,000. $18,000. None of the above. e