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Given the following for the Titan Company; the company began operations on 1/1/1. Preferred Stock, 4%, cumulative$10,000 Common Stock$20,000 Cash Dividends paid: Year 1$ 1,000

Given the following for the Titan Company; the company began operations on 1/1/1.

Preferred Stock, 4%, cumulative$10,000

Common Stock$20,000

Cash Dividends paid:

Year 1$ 1,000

Year 2$200

Year 3$ 2,000

Year 2Dividends received bycommonshareholders is:

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