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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
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$25,900.
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$17,700.
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$45,300.
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$41,200.
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