The shareholders equity of company A includes 250 million of 1 par common stock and 426 million of 4% cumulitive preferred stock. The board of directors of Company A declared cash dividends of 43 million in 2021 after paying 14 million in 2020 and 6 million in 2019. What amount of dividends will common shareholders receive in 2021?

I think it is 11.88, but I want to double check my work.