The shareholders' equity of Blue Corporation includes $$200,000$ of $$1$ par common stock and

$$600,000$ par of $6\%$ cumulative preferred stock. The board of directors of Blue declared cash dividends of $$60,000$ in $2018$ after paying $$30,000$ cash dividends in each of $2017$ and $2016.$ What is the amount of dividends common shareholders will receive in $2018?$

Multiple Choice

$$ $$12,000.$

$$ $$40,000.$

$$ $$24,000.$

$$ $$32,000.$