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Your corporation issues both common and preferred stock: 20,000 shares of $10 par common stock have been issued and are outstanding. 100 shares of $1,000

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Your corporation issues both common and preferred stock: 20,000 shares of $10 par common stock have been issued and are outstanding. 100 shares of $1,000 par value 4% non-cumulative preferred stock have been issued. No dividends were paid in 2018 or 2019. . . A total dividend of $44,000 is declared and paid in 2020. How much of this dividend will go to common stockholders

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