Question: Please, answer the question and find the correct number. The shareholders' equity of Green Corporation includes $288,000 of $1 par common stock and $480,000 par
Please, answer the question and find the correct number.


The shareholders' equity of Green Corporation includes $288,000 of $1 par common stock and $480,000 par of 6% cumulative preferred stock. The board of directors of Green declared cash dividends of $58,000 in 2021 after paying $28,000 cash dividends in each of 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021? Multiple Choice $27,600. $30,400 $29,200. o $29,600
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