Doate Inc. has the following balances at the end of Year 5:
|Stockholder's Equity Section:|
|7% Preferred stock, \$50 par value, 5,000,000 shares authorized|
|— ? — shares issued, cumulative, nonparticipating, callable at par||\$50,000|
|Paid in capital in excess of par, preferred stock||\$45,000|
|Common stock, \$1 par value, 6,000,000 shares authored, — ? — shares issued||\$600,000|
|Paid in capital, in excess of par, common stock||\$240,000|
If Drake declared a dividend of $32,000 and there are no dividends in arrears, what amount of this dividend (in total, not per share) would go to common stockholders?