19. Vangaurd Corporation's December 31, 2020 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000 shares authorized; 15,000 shares issued $ 300,000 Common stock, $10 par value, 2,000,000 shares authorized; 19,500,000 1,950,000 shares issued, 1,920,000 shares outstanding Paid-in capital in excess of par preferred 60,000 stock Paid-in capital in excess of parcommon 27,000,000 stock Retained earnings 7,500,000 Treasury stock (30,000 shares) 630,000 Vangaurd declared and paid a $96,000 cash dividend on December 15, 2020. If the company's dividends in arrears prior to that date were $20,000, Vangaurd's common stockholders received A) $76,000. B) $44,000. C) $52,000. D) $0