The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 of 6% cumulative preferred stock. The partial preferred dividend is in arrears for years 2009 and 2010. The board of directors of Green declared cash dividends of $50,000 in 2011. The preferred stockholders were paid $20,000 for each of 2010 and 2009 years respectively. What is the amount of dividends common shareholders will receive in 2011? A. $18,000. B. $26,000. C. $28,000. D. $32,000