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19. Ahmad Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at

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19. Ahmad Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2014, and December 31, 2013. The board of directors declared and paid a $2,500 dividend in 2013. In 2014, $12,000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2014? a $8,500 b. $6,000 c. $3,500 d. $3,000

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