Vaughn, Inc. has 11300 shares of 4%, $100 par value, noncumulative preferred stock and 226000 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $65600 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020?

$20400

$65600

$45200

$0