Question 1 ABC Company began operations in January, 2026, by issuing 8,000 shares of 7%, cumulative, $52 par value preferred stock and 14,000 shares of $6 par value common stock. ABC paid dividends over the next five years as follows: Year Total dividends paid 2026 $21,500 2027 $34,200 2028 $30,700 2029 $16,300 2030 $46,900 Calculate the amount of the $46,900 dividend paid in 2030 that was paid to common stockholders