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Help will thumbs up! Crane, Inc. has 4000 shares of...

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Accounting

Help will thumbs up!
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Crane, Inc. has 4000 shares of 6%, $100 par value, noncumulative preferred stock and 16000 shares of $1 par value common stock outstanding at December 31, 2017. There were no dividends declared in 2016. The board of directors declares and pays a $64000 dividend in 2017. What is the amount of dividends received by the common stockholders in 20177 $0 $40000 $24000 $64000

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