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The shareholders' equity of Tru Corporation includes $640,000 of S1 par common stock and $1.240,000 par of 7% cumulative preferred stock. The board of directors

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The shareholders' equity of Tru Corporation includes $640,000 of S1 par common stock and $1.240,000 par of 7% cumulative preferred stock. The board of directors of Tru declared cash dividends of $154,000 in 2021 after paying $64,000 cash dividends in each of 2020 and 2019. Required: What is the amount of dividends common shareholders will receive in 2021? Dividends in 2021

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