The shareholders' equity of red corporation includes $200,000 of $1 par common stock and $500,000 par of 4% cumulative preferred stock. the board of directors of red declared cash dividends of $60,000 in 2018 after paying $10,000 cash dividends in 2017 and $20,000 in 2016. what is the amount of dividends common shareholders will receive in 2018?
a) $30,000.
b) $40,000.
c) $35,000.
d) $45,000

answer; ///i believe the correct answer is(e) complementary to each other;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.

apex verified answer < 3

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i really hope this this is the correct answer < 3 < 3 < 3