Chewning Corporation has 10,000 shares of 5%, \($10\) par, cumulative preferred stock and 50,000 shares of common stock outstanding. Chewning Corporation declared no dividends in 2010. In 2011, Chewning Corporation declares a total dividend of \($25,000.\) How much of the dividends goes to the common stockholders?

a. $5,000\)

b. \($10,000\)

C. \($15,000\)

d. None; it all goes to preferred.