Question 17 of 31 < > View Policies Current Attempt in Progress -/3 Novak Corp. has 6300 shares of 4%, $50 par value, cumulative preferred stock and 51500 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid an $10400 dividend in 2019. In 2020, $63200 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020? $12600. $42100. $48400. $54700. Save for Later Attempts: 0 of 1 used Submit Answer