Bodkin, Inc. has 9,000 shares of 7%. $100 par value, noncumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $25,000 dividend in 2019. In 2020, 590,000 of dividends are declared and paid. Calculate the dividends received by the preferred shareholders in 2020