The shareholders' equity of HS Corporation includes $250,000 of $1 par common stock and $550,000 par of 7% cumulative preferred stock. The board of directors of HS declared cash dividends of $65,000 in 2018 after paying $25,000 cash dividends in 2017 and $45,000 in 2016 points Required: What is the amount of dividends common shareholders will receive in 2018? Skipped