Camila, Inc. has 10,000 shares of 6%, $15 Par Cumulative Preferred stock outstanding and 75,000 shares of $1 Par Common Stock Outstanding. During 2020 & 2021, Camila paid no dividends. In 2022 Camila paid $24,500 in total dividends. Which of the following is correct?

Multiple Choice

• In 2022, Preferred stockholders received $9,000 and Common stockholders received $15,500.

• In 2022, Preferred stockholders received $16,000 and Common stockholders received $2,500.

• In 2022, Preferred stockholders received $24,500 and Common stockholders received $0.

• In 2022, Preferred stockholders received $27,000 and Common stockholders received $0.