Question: Common Stock = Par value $ 2 , 8 0 0 , 0 0 0 Shares, Dividend Rate 4 % Cumulative Preferred Stock = Par

Common Stock = Par value $2,800,000 Shares, Dividend Rate 4%
Cumulative Preferred Stock = Par Value $50,5,000 Shares, Dividend Rate 6%
Non-Cumulative Preferred Stock = Par Value $30,2,000 Shares, Dividend Rate 8%
2017: $54,000 in dividends
How much of the dividend delcared during the 2017 will go to the common stock shareholders?

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