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Curtain Company paid dividends of $ 6 , 0 0 0 ;$ 1 2 , 0 0 0 ; and $ 2 0 , 0

Curtain Company paid dividends of $6,000;$12,000; and $20,000 during Year 1, Year 2, and Year 3, respectively. The company had 1,000 shares of 5%,$200 par value preferred stock outstanding that paid a cumulative dividend. The amount of dividends received by the common shareholders during Year 3 would be:
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