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Flanders, Inc has 10,000 shares of 5%, $100 par value, cumulative preferred shares and 200,000 common shares with a $1 par value outstanding at

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Flanders, Inc has 10,000 shares of 5%, $100 par value, cumulative preferred shares and 200,000 common shares with a $1 par value outstanding at December 31, 2022. There were no dividends declared in 2020. The board of directors declared and paid a $80,000 dividend in 2021 and $100,000 in 2022. What is the amount of dividends received by the common shareholders in 2022?

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