The shareholders' equity of Mischler Corporation includes $400,000 of $1 par common stock and $500,000 par of 6% cumulative preferred stock. The board of directors of Mischler declared cash dividends of $50,000 in 2018 after paying $20,000 cash dividends in 2017 and $40,000 in 2016. What is the amount of dividends common shareholders will receive in 2018? Select one: a. 22,000 b. 10,000 O c. 26,000 d. $18,000