Question
(Bonus) The shareholders' equity of PT-ACCTG-471-00X includes 10.000 class A $30 par noncumulative 6% preferred shares, 20,000 class B $15 par cumulative 4% preferred shares,
(Bonus) The shareholders' equity of PT-ACCTG-471-00X includes 10.000 class A $30 par noncumulative 6% preferred shares, 20,000 class B $15 par cumulative 4% preferred shares, and 300,000 common shares ($1.50 par). The board of directors declared cash dividends of $45.000 in 2022 after paying $42,000 cash dividends in 2021, $25,000 in 2020, and $10,000 in 2019. Assuming class A preferred shareholders are the first to receive dividend payments, what is the amount of dividends common shareholders received in 2022? $8,000 O $10,000 $12,000 O $18.000
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