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The shareholders' equity of Red Corporation includes $260,000 of St par common stock and $460.000 per of 5% cumulative preferred stock. The board of directors

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The shareholders' equity of Red Corporation includes $260,000 of St par common stock and $460.000 per of 5% cumulative preferred stock. The board of directors of Red declared cash dividends of $56,000 in 2021 after paying $26.000 cash dividends in 2020 and $46,000 in 2019. What is the amount of dividends common shareholders will receive in 2021? Multiple Choice 525.200 $26,800 $28.400 $29,200

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