Wildhorse Co. has 5600 shares of 4%, $50 par value, cumulative preferred stock and 48000 shares of $1 par value common stock outstanding at December...
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Wildhorse Co. has 5600 shares of 4%, $50 par value, cumulative preferred stock and 48000 shares of $1 par value

common stock outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid an $10200 dividend in 2016. In 2017, $68000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2017?


a. $61400.


b. $50200.


c. $11200.


d. $55800.

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