In 2019, 2020, and 2021, Bonner Industries had 15,000 5%, $100 cumulative preferred shares and 60,000 common shares outstanding. Bonner paid no dividends in 2019 and paid $135,000 each year in 2020 and 2021. In 2021, common shareholders received __________ in cash dividends. 

 $90,000 

$75,000 

$45,000 

$135,000

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