Fargo Company's outstanding stock consists of 400 shares of noncumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.

Year	Dividend Declared
2015	$20,000
2016	$6,000
2017	$32,000

The amount of dividends paid to preferred and common shareholders in 2015 is:

$200 preferred; $19,800 common.

$4,000 preferred; $16,000 common.

$17,000 preferred; $3,000 common.

$10,000 preferred; $10,000 common.

$20,000 preferred; $0 common.