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The shareholders' equity of Green Corporation includes $408,000 of $1 par common stock and $.590,000 par of 7% cumulative preferred stock. The board of directors

The shareholders' equity of Green Corporation includes $408,000 of $1 par common stock and $.590,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $69,000 in 2018 after paying $39,000 cash dividends in each of 2017 and 2016. What is the amount of dividends common shareholders will receive in 2018? Multiple Choice $45,900. $27,700 $43,600. $23,100

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