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Bramble Corp. has outstanding 607000 shares of $2 par common stock and 128000 shares of no-par 5% preferred stock with a stated value of $5.

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Bramble Corp. has outstanding 607000 shares of $2 par common stock and 128000 shares of no-par 5% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid in every year except the past two years and the current year Assuming that $217000 will be distributed as a dividend in the current year, how much will the common stockholders receive? O Zero. $153000. $121000 $185000

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