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could you please explain me more why the answer is $100,000? Grape Corporation declared a $200,000 dividend. Grape Corporation had 25,000, $4 noncumulative preferred shares

could you please explain me more why the answer is $100,000?
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Grape Corporation declared a $200,000 dividend. Grape Corporation had 25,000, $4 noncumulative preferred shares and 100,000 common shares. Preferred dividends are 1 year in arrears. How much of the dividend will be allocated to the preferred shareholders? $50,000 $25,000$100,000$200,000

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