Heber Corporation has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2014. No dividends were declared in 2012 or 2013. If Heber wants to pay $405,000 of dividends in 2014, common stockholders will receive:

A) $165,000

B) $215,000

C) $405,000

D) $0