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Multiple Choice Splish Brothers Inc. has 16000 shares of 5%, $100 par value, non-cumulative preferred stock and 64000 shares of $1 par value common stock

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Multiple Choice Splish Brothers Inc. has 16000 shares of 5%, $100 par value, non-cumulative preferred stock and 64000 shares of $1 par value common stock outstanding at December 31, 2017. There were no dividends declared in 2016. The board of directors declares and pays a $192000 dividend in 2017. What is the amount of dividends received by the common stockholders in 2017? $0. $80000 $192000 $112000. Click if you would like to show Work for this question: Open Show Work

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