Sheffield Corp. has 10,200 shares of 9%, $100 par value, cumulative preferred stock outstanding at December 31, 2025. No dividends were declared in 2023 or 2024. If Sheffield wants to pay $400,000 of dividends in 2025, what amount of dividends will common stockholders receive? Dividends allocated to common stock $

Sheffield Corp. has 10,200 shares of 9%,$100 par value, cumulative preferred stock outstanding at December 31,2025 . No dividends were declared in 2023 or 2024 . If Sheffield wants to pay $400,000 of dividends in 2025 , what amount of dividends will common stockholders receive? Dividends allocated to common stock