C$.$ ?Worthy Ships initially issued $470,000$ ?shares of $$1$ ?par stock for $$2,350,000$ ?in $2024.$ ?In $2026,$ ?the company repurchased $47,000$ ?shares for $$470,000.$ ?In $2027,23,500$ ?of the repurchased shares were resold for $$376,000.$ ?In its balance sheet dated December $31,2027,$ ?C$.$ ?Worthy's treasury stock account shows a balance of:

$$0.$

$$235,000.$

$$470,000.$

$$94,000.$

Question $21$

The shareholders' equity of Green Corporation includes $$210,000$ ?of $$1$ ?par common stock and $$410,000$ ?par of $7\%$ ?cumulative preferred stock. The board of directors of Green declared cash dividends of $$51,000$ ?in $2024$ ?after paying $$21,000$ ?cash dividends in each of $2023$ ?and $2022.$ ?What is the amount of dividends common shareholders will receive in $2024?$

$$36,400$

$$6,900$

$$22,300$

$$44,100$