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Bramble Corp. has 11000 shares of 5%, $100 par value, cumulative preferred stock and 22000 shares of $1 par value common stock outstanding at December

Bramble Corp. has 11000 shares of 5%, $100 par value, cumulative preferred stock and 22000 shares of $1 par value common stock outstanding at December 31, 2017. There were no dividends declared in 2015. The board of directors declares and pays a $99000 dividend in 2016 and in 2017. What is the amount of dividends received by the common stockholders in 2017?

$33000.

$0.

$44000.

$5500

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