124. Vega Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 10,000 shares authorized; 7,500 shares issued $150,000 Common stock, $10 par value, 1,000,000 shares authorized; 975,000 shares issued, 960,000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (15,000 shares) 9,750,000 30,000 13,500,000 3,750,000 315,000 Vega declared and paid a $48,000 cash dividend on December 15, 2012. If the companys dividends in arrears prior to that date were $10,000, Vega's common stockholders received a. $38,000 b. $22,000. c. $26,000. d. no dividend