In Year 1, a company sold 10,000 shares of common stock at $1 par value for $20 per share. On February 1, the company sold 10,000 shares of $20 par preferred stock for $30 per share. The preferred stock pays a fixed dividend of 10% of par each year. The company paid $10,000 in total dividends in Year 1. In Year 2, total dividends paid in dollars equaled $50,000. Assume cumulative preference.

In Year 2, what is the total dollar amount of dividends paid to common shareholders?