The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock. The board of directors of Green declared cash dividends of $50,000 in 2024 after paying $20,000 cash dividends in each of 2023 and 2022. What is the amount of dividends common shareholders will receive in 2024? Multiple Choice $26,000 $28,000 $32,000 $18,000

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