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Healthy Farmer, Inc. has 47,000 shares of common stock outstanding and 4,000 shares of preferred stock outstanding. The common stock is $0.01 par value; the
Healthy Farmer, Inc. has 47,000 shares of common stock outstanding and 4,000 shares of preferred stock outstanding.
The common stock is $0.01 par value; the preferred stock is 6% noncumulative with a $100.00 par value.
On October 15, 2025, the company declares a total dividend payment of $54,000.
What is the total amount of dividends that will be paid to the preferred stockholders?
A) $470
B) $54,000
C) $30,000
D) $24,000
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