Coronado, Inc., has 9600 shares of 3%, $100 par value, noncumulative preferred stock and 38400 shares of $1 par value common stock outstanding at December 31, 2018. There were no dividends declared in 2017. The board of directors declares and pays a $119800 dividend in 2018. What is the amount of dividends received by the common stockholders in 2018?