6. I A company was organized on January 1, 2018. During its first year, the company issued the following stock and have made no other stock issuances since: Preferred Stock (5%, $100 par, cumulative, 10,000 shares authorized, 5,000 issued and outstanding) Common Stock (S5 par, 100,000 authorized, 80,000 issued, 75,000 outstanding) On December 31, the company declared the following cash dividends in each respective year: 2018: $5,000; 2019: $32,000; 2020: $54,000 Determine the total amount of dividends that the preferred stockholders received during the years 2018-2020: A. $91,000 B. $75,000 C. $16,000 D. $25,000 E. $29,000