Oceanview Wholesale Merchandise had 20,000 shares of 6%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2017. These data apply to each of the independent situations below.

5.Assuming that total dividends declared in 2017 were $60,000 and that the cumulative preferred stock dividends have not been paid after 2015, the common stockholders should receive total 2017 dividends of:

$________________.