Ondricka Corporation began operations on 1/1/2012 and issued the following shares that day: Dividend rate Common Stock Cumulative Preferred Stock 2012: $11,000 2013: $5,000 2014: $17,500 2015: $73,000 Par value $3 $55 Shares 800,000 5,000 Since beginning operations, Ondricka Corporation has declared the following dividends: 7% How much of the dividend declared during 2015 will go to the common stock shareholders? 29,500

Ondricka Corporation began operations on 1/1/2012 and issued the following shares that day: Dividend Par value Shares rate Common Stock $3 800,000 Cumulative Preferred Stock $55 5,000 7% Since beginning operations, Ondricka Corporation has declared the following dividends: 2012: $11,000 2013: $5,000 2014: $17,500 2015: $73,000 How much of the dividend declared during 2015 will go to the common stock shareholders? 29,500