The shareholders' equity of Green Corporation includes $398,000 of $1 par common stock and $580,000 par value of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $68,000 in 2013 after paying $38,000 cash dividends in each of 2012 and 2011. What is the amount of dividends common shareholders will receive in 2013? a) $45,800
b) $22,200
c) $43,200
d) $27,400

Aiden is 19 years old, unmarried, and was a first-year full-time student working on a degree in accounting during 2018. he has never had a felony drug conviction. aiden did not provide more than half of his own support and can be claimed as a dependent by his mother. aiden’s income was $4,000 in wages working as a part-time cook at a fast food restaurant. aiden received form 1098-t indicating $5,000 for payments received for qualified tuition and related expenses in box 1. he received $8,500 in scholarships and grants, which was reported in box 5. aiden’s scholarship was used to pay for room and board, tuition, and books. the cost of his books was $845. aiden is a u.s. citizen with a valid social security number. 1. which of the following statements is true? a. the portion of the scholarship that was not used for qualified educational expenses must be included in aiden's income. b. the amount spent on books is not a qualified education expense. c. the taxable portion of the scholarship must be reported on aiden's mother’s return. d. none of aiden's scholarship is taxable.