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Julius Inc. has 4900, $7, noncumulative preferred shares issued at $100, and 21200 common shares issued at $2, at December 31, 2021. There were no
Julius Inc. has 4900, $7, noncumulative preferred shares issued at $100, and 21200 common shares issued at $2, at December 31, 2021. There were no dividends declared in 2020. The board of directors declares and pays a $61000 dividend in 2021. What is the amount of dividends received by the common shareholders in 2021?
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