The shareholders' equity of Red Corporation includes $210,000 of $1 par common stock and $410,000 par of 7% cumulative preferred stock. The board of directors of Red declared cash dividends of $51,000 in 2021 after paying $21,000 cash dividends in 2020 and $41,000 in 2019. What is the amount of dividends common shareholders will receive in 2021?

Multiple Choice

A. $6,900.

B. $14,600.

C. $22,300.

D. $36,400.