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Blue Grass Corp has 5000 shares of 10%, $50 par value, cumulative preferred stock and 45000 shares of $1 par value common stock outstanding at
Blue Grass Corp has 5000 shares of 10%, $50 par value, cumulative preferred stock and 45000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid an $13000 dividend in 2019. In 2020, $65000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020?
$25000.
$23000.
$28000.
$33000.
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