Calculate the cash dividends paid out to common stockholders based on the following information: Balance of retained earnings, December 31, 2016 = 388,000,000 Net Income for 2017 44,000,000 Dividends paid to preferred stockholders 1,000,000 Balance of retained earnings, December 31, 2017 372,000,000

(Answer in Millions of dollars, with no 0s or $ sign needed, e.g. xx, or 12)