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 2024 after paying $23,000 cash dividends in each of 2023 and 2022. What is the amount of dividends common shareholders will receive in 2024? Multiple Choice $44,300 $37,200 $22,900 $8,700