Gold, Inc. has 50,000 shares of 8%, $100 par value, non-cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $500,000 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020? N O $100,000 O $500,000 O $400,000 0 $0