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could use some assistance please and thanks Question 8 2 pts a MegaCorp decides to declare a cash dividend of $75,000 for its shareholders on

could use some assistance please and thanks image text in transcribed
Question 8 2 pts a MegaCorp decides to declare a cash dividend of $75,000 for its shareholders on December 31st 2018. The company has cumulative preferred stock dividends in arrears of $52,800. It has 6,000 shares of 8%, $110 par value, cumulative preferred stock outstanding, and 50,000 shares of common stock. How much of the cash dividend will go to common stockholders

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