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The stockholders' equity section of the balance sheet of a company reveals the following information for the year ended December 31, 2020. No additional
The stockholders' equity section of the balance sheet of a company reveals the following information for the year ended December 31, 2020. No additional shares of preferred stock have been issued and no dividends were in arrears. Preferred Stock (6%, $20 par, cumulative, 7,000 shares authorized, 3,000 issued and outstanding) Common Stock ($5 par, 140,000 authorized, 112,000 Issued, 105,000 outstanding) On December 31 of each of the following years, the company declared the following cash dividends: 2020 $0 2021 $8,300 2022 $13,120 Determine the total amount of dividends that the common stockholders received during the years 2020-2022:
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