At the beginning of 2019, Emily Corporation issued 28,000 shares of $100 par, 5%, cumulative, preferred stock for $110 per share. No dividends have been paid to preferred or common shareholders. What amount of dividends will a preferred shareholder owning 100 shares receive in 2021 if Emily pays $1,000,000 in dividends? A) $1400. B) $28,000. C) $1650. OD) $1500