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Sheridan, Inc. has 25600 shares of 6%, $100 par value, noncumulative preferred stock and 48400 shares of $1 par value common stock outstanding at
Sheridan, Inc. has 25600 shares of 6%, $100 par value, noncumulative preferred stock and 48400 shares of $1 par value common stock outstanding at December 31, 2021. There were no dividends declared in 2020. The board of directors declares and pays a $258000 dividend in 2021. What is the amount of dividends received by the common stockholders in 2021? $104400 $0 $258000 $153600
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