Canada Ltd was incorporated on 1 January 2018 and on that date issued: 4 000 shares 5% Preference shares for $1 Ordinary shares for $10 5 000 shares During December 2020 Canada Ltd declared a total of $ 2500 in dividends. This was the first dividend declared by Canada Ltd, that is, no dividends were declared since the date of incorporation. If the preference shares are cumulative, the total amount of the $2 500 dividend that will be available for payment to the ordinary shareholders is: Select one: a. $2 500. b. $1 900. c. $2 300. d. $2 000. e. None of the options