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The shareholders' equity of Green Corporation includes $298,000 of $1 par common stock and $490,000 par of 7 % cumulative preferred stock. The board of

The shareholders' equity of Green Corporation includes $298,000 of $1 par common stock and $490,000 par of 7 % cumulative preferred stock. The board of directors of Green declared cash dividends of $59,000 in 2018 after paying $29,000 cash dividends in each of 2017 and 2016. What is the amount of dividends common shareholders will receive in 2018? Multiple Choice $24,700 $14,100 $39,600 $44,900

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