If a company has 100,000 shares of its $5 Cumulative Preferred Stock Outstanding, and it issues no dividend in its first year, $700,000 in dividends in its second year, and $1,800,000 in its third year, how much of the dividends in year three would go to the COMMON shareholders?

Select one:

a. $1,800,000

b. $500,000

c. $800,000

d. $1,000,000