The shareholders' equity of Green Corporation includes $232,000 of $1 par common stock and $430,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $53,000 in 2018 after paying $23,000 cash dividends in each of 2017 and 2016. What is the amount of dividends common shareholders will receive in 2018? Multiple Choice $8,700. $44,300. $37,200. $22,900.