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Concord Inc., has 1800 shares of 6%, $50 par value, cumulative preferred stock and 100900 shares of $1 par value common stock outstanding at December
Concord Inc., has 1800 shares of 6%, $50 par value, cumulative preferred stock and 100900 shares of $1 par value common stock outstanding at December 31, 2018, and December 31, 2017. The board of directors declared and paid a $4100 dividend in 2017. In 2018, $23300 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2018?
$6700
$16600
$5400
$11650
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