Question: Current Attempt in Progress Sandhill Service Corp. has 1 2 2 0 0 shares of 5 % , $ 1 0 0 par value, non

Current Attempt in Progress Sandhill Service Corp. has 12200 shares of

Current Attempt in Progress
Sandhill Service Corp. has 12200 shares of 5%,$100 par value, non-cumulative preferred stock and 48800 shares of $1 par value common stock outstanding at December 31,2025. There were no dividends declared in 2024. The board of directors declares and pays a $146400 dividend in 2025. What is the amount of dividends received by the common stockholders in 2025?
$0.
$146400.
$85400.
$61000.
5%,$100 par value, non-cumulative preferred stock and 48800 shares of $1 par

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