Beachman, Inc. has 10,200 shares outstanding of 10%, $20 par value, cumulative preferred stock. In 2011 and 2012, no dividends were declared on preferred stock. In 2013, Beachman had a profitable year and decided to pay dividends to stockholders of both preferred and common stock.

Required: If the company has $200,000 available for dividends in 2013, how much could it pay to the common stockholders?