Question 18 AECCom. was organized on tan t. Year 1. It was authorized to issue 100,000 shares of $1 par cornmoie stock, and 20,006. thanes of 510 par, 3 \& cumulative preferred stock. ABC Corp issued the following shares of stock durirve Yerar 1 . 1. 50.000 shares of common stock for 53 per share 2. 2000 shares of preferred stock for $25 por share. AEC Corp pays a total of $1,000 in dividends a the end of Year 1, what amount of this dividend will go to Common exhoiders