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Pharoah Company has 6400 shares of 6%, $50 par value, cumulative preferred stock and 52000 shares of $1 par value common stock outstanding at
Pharoah Company has 6400 shares of 6%, $50 par value, cumulative preferred stock and 52000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid an $11400 dividend in 2019. In 2020, $64200 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020? O $19200. O $30800 O $43600 O $37200
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