Burnell, Inc. has 5,000 shares of 4%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2018. The board of directors declared and paid a $8,000 dividend in 2019. In 2020, $30,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020? Preferred Common $18,000 $15,000 $12,000 $10,000 $12,000 $15,000 $18,000