The shareholders equity of MLS Enterprises includes $100 million of no par common stock and $200 million of 6% cumulative preferred stock. The board of directors of MLS declared cash dividends of $31 million in 2018 after paying $7 million cash dividends in both 2017 and 2016. What is the amount of dividends common shareholders will receive in 2018?

Par Value Preferred Stock	Dividend Rate (%)	Annual Preferred Dividend
Annual Preferred Dividend:
	Total Cash Dividend Paid	Paid to Preferred	Paid to Common	Dividends in Arrears at year-end
2016
2017
2018
Total