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Oxford Corporation has 120.000 shares of preferred stock outstanding, 4% cumulative, 100 par value. it also has 1,400,000 shares of common stock outstanding, 0.01 par

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Oxford Corporation has 120.000 shares of preferred stock outstanding, 4% cumulative, 100 par value. it also has 1,400,000 shares of common stock outstanding, 0.01 par value. Oxford did not pay a dividend in 2017. In 2018, if Oxford's board of directors declares a total dividend of 1,650.000 to be distributed to preferred and common stockholders, how much will be paid to the common stockholders? 480,000 960.000 690000 1,170,000

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