Question 37 6.5 pts Duluth, Inc. began operations on January 1, 2014. It has 5,000 shares of 6%, $100 par value, cumulative, preferred stock and 20,000 shares of $1 par value common stock outstanding, There were no dividends declared in 2014. The board of directors declares and pays a $80,000 dividend in 2015. What is the amount of dividends received by the common (not preferred) stockholders in 2015? $30,000 $60,000 $20,000 $80,000