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Your Company has the following classes of stock: Noncumulative Preferred stock, 8%:$100 par 1.000 shares Common stock. $10 par 500,000 shares In the company's first

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Your Company has the following classes of stock: Noncumulative Preferred stock, 8%:$100 par 1.000 shares Common stock. $10 par 500,000 shares In the company's first year of operation, no dividends were paid. During the second year. Your Company paid cash dividends of $30,000. What is the dollar amount of the dividend that the common stockholders will receive ? $ 8,000 O $14,000 O $16,000 O $22.000 OSO

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