The shareholders' equity of Red Corporation includes $370,000 of $1 par common stock and $570,000 par of 7% cumulative preferred stock. The board of directors of Red declared cash dividends of $67,000 in 2021 after paying $37,000 cash dividends in 2020 and $57,000 in 2019. What is the amount of dividends common shareholders will receive in 2021 Multiple Choice $24.200. $42.800 $27500 $21,300