Please show step by step Wildhorse Restaurant Supply Company has 10100 shares of 5%, $100 par value, cumulative preferred stock and 23000 shares of $1 par value common stock outstanding at December 31, 2023. December 31, 2024 and December 31 2025. There were no dividends declared in 2023. The board of directors declares and pays a $90900 dividend in 2024 and in 2025. what is the amount of dividends received by the common stockholders in 2025?

$30300.

$40400

$50500

$0