Current Attempt in Progress Sheridan, Inc. has 50500 shares of 7%, $100 par value preferred stock and 10500 shares of $1 par value common stock outstanding at December 31, 2021. The board of directors declares and pays a $505000 dividend in 2021. What is the amount of dividends received by the common stockholders in 2021? O $505000 O $353500 O $151500 $0 Save for Later Attempts: 0 of 1 used Submit