The shareholders’ equity of Green Corporation includes $288,…

The shareholders’ equity of Green Corporation includes $288,000 of $1 par common stock and $480,000 par of 6% cumulative, nonparticipating preferred stock. The board of directors of Green declared cash dividends of $58,000 in the current year after paying $28,000 cash dividends in each of the previous two years. What is the amount of dividends common shareholders will receive in the current year?