$29.$ Padme Associates has the following number of shares outstanding:

Cumulative, $8\%$ preferred stock, $$100$ par $1,000$ shares

Common stock, $$10$ par $10,000$ shares

No dividend had been declared in either $2018$ or $2019.$ In $2020,$ the company declared a $$44,000$ cash dividend. How much will be paid to the common shareholders?

A$)$ $$20,000$

B$)$ $$28,000$

C$)$ $$36,000$

D$)$ $$40,000$