Happy Farmer, Inc. has 41,000 shares of common stock outstanding and 12,000 shares of preferred stock outstanding. The common stock is $ 0.05 par value; the preferred stock is 4% noncumulative with a $100 par value. On October 15, 2017, the company declares a total dividend payment of $55,000. What is the total amount of dividends that will be paid to the common stockholders? A. $55,000 B. $60,000 C. $2,050 D. $7,000