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Concord, Inc has 10300 shares of 5%, 100 par value, cumulative preference shares and 21700 ordinary shares with a $1 par value outstanding at

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Concord, Inc has 10300 shares of 5%, 100 par value, cumulative preference shares and 21700 ordinary shares with a $1 par value outstanding at December 31, 2020. There were no dividends declared in 2018. The board of directors declares and pays a 91700 dividend in 2019 and in 2020. What is the amount of dividends received by the ordinary shareholders in 2020? 28900 0 91700 51500

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