Columbia Company The Columbia Company earned $1,400,000 last year. The capital stock of the company consists of $8,000,000 of 6% cumulative preferred stock and $15,000,000 of common stock. The directors declared a dividend of the entire earnings. During the previous year, the company earned $240,000 and the directors declared a dividend of the entire earnings. Refer to Columbia Company. What is the total amount that will be paid to the holders of common stock? $920,000 $900,000 $680,000 $700,000