$2)$ Zach Sports Ltd has $1,000$ shares of $$5\mathrm{.}50,$ cumulative preferred shares and $10,000$ common shares issued and outstanding. In the previous year $($which was the first year of operations$),$ the company paid total dividends of $$1,000.$ The amount that must be paid to the preferred shareholders in the current year before any dividend is paid to common shareholders is:A$)$ $$12,000.$ B$)$ $$1,000.$ C$)$ $$4,500.$ D$)$ $$10,000.$ E$)$ $$3,500.$