Riga Ltd, has outstanding 100,000 no par common shares and 20,000 no par $0,40, preferred shares issued at $5 each. The preferred shares are cumulative and non participating Dividends have been paid every year except the past two years and the current year. The Common Shares account currently shows a balance of $200,000. Assuming that $61,000 will be distributed as a dividend in the current year, and the preferred shares are also fully participating, how much will the common shareholders receive? O $16,000 O $30,000 O $31,000 $37,000