Multiple Choice Question 157 Kingbird, Inc. has 5900 shares of 6%, $50 par value, cumulative preferred stock and 49500 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid an $13200 dividend in 2019. In 2020, $69500 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020? $53200. $47300. $41400. $17700. Click if you would like to Show Work for this question: Open Show Work