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Coronado, Inc. has 24500 shares of 5%, $100 par value, noncumulative preferred stock and 49500 shares of $1 par value common stock outstanding at

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Coronado, Inc. has 24500 shares of 5%, $100 par value, noncumulative preferred stock and 49500 shares of $1 par value common stock outstanding at December 31, 2021. There were no dividends declared in 2020. The board of directors declares and pays a $260000 dividend in 2021. What is the amount of dividends received by the common stockholders in 2021? $0 O $137500 O $122500 O $260000

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