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BACK NEXT Question 28 Coronado, Inc. has 24500 shares of 5%, $100 par value, noncumulative preferred stock and 49500 shares of $1 par value common

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BACK NEXT Question 28 Coronado, Inc. has 24500 shares of 5%, $100 par value, noncumulative preferred stock and 49500 shares of $1 par value common stock outstanding at December 31, 2018. There were no dividends declared in 2017. The board of directors declares and pays a $260000 dividend in 2018. What is the amount of dividends received by the common stockholders in 2018? $0 $122500 $260000 O $137500

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