Colorful, Inc. was incorporated on January 1, 2022 Colorful issued 5,000 shares of common stock and 900 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with a 8% dividend rate. Colorful has not paid any dividends yet. In 2025, Colorful had its first profitable year, and on November 1, 2025, Colorful declared a total dividend of $33,000. What is the total amount that will be paid to common stockholders? OA. $7,200 B. $28,800 OC. $33,000 OD. $4,200