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Waterway, Inc. has 51200 shares of 7%,$100 par value preferred stock and 11200 shares of $1 par value common stock outstanding at December 31,2021 .

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Waterway, Inc. has 51200 shares of 7%,$100 par value preferred stock and 11200 shares of $1 par value common stock outstanding at December 31,2021 . The board of directors declares and pays a $512000 dividend in 2021 . What is the amount of dividends received by the common stockholders in 2021 ? $153600$358400$0$512000

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