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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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