41 Curtain Co. paid dividends of $2,000; $4,000; and $5,000 during Year 1, Year 2, and Year 3, respectively. The company had 800 shares of 4.0%, $100 par value preferred stock outstanding that paid a cumulative dividend. The amount of dividends received by the common shareholders during Year 3 would be:

a. 3200

b. 1400

c. 1200

d. 2000