29. Assume the following shares outstanding: (a) Preferred stock, 6%, $50 par value, cumulative, 1,000 shares with dividends in arrears 3 years, for 20A, 20B, and 20C. (b) Common stock, $100 par value, 2,000 shares. Total dividends declared in 20D were $30,000. The total amount of dividends to which common stockholders are entitled is A) $30,000. B) $27,000. C) $21,000. D) $18,000. E) None of the above is correct