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The shareholders' equity of Green Corporation includes $342,000 of $1 par common stock and $530,000 par of 7% cumulative preferred stock. The board of directors

The shareholders' equity of Green Corporation includes $342,000 of $1 par common stock and $530,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $63,000 in 2021 after paying $33,000 cash dividends in each of 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021?

Multiple Choice

  • $25,900.

  • $17,700.

  • $45,300.

  • $41,200.

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