Archer Inc., has 5,000 shares of 8%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31, 2021 and 2022. There were no dividends declared in 2021. The board of directors declare and pay a $60,000 dividend in 2022. What is the amount of dividends received by the common stockholders in 2022? a. $0. b. $40,000. c. $60,000. d. $20,000.