Current Attempt in Progress

Marigold, Inc. has $25600$ shares of $6\%,$$$100$ par value, noncum$$lative preferred stock and $48600$ shares of $$1$ par value common stock outstanding at December $31,2021.$ There were no dividends declared in $2020.$ The board of directors declares and pays a $$242000$ dividend in $2021.$ What is the amount of dividends received by the common stockholders in $2021?$

$$153600$

$$88400$

$$0$

$$242000$