Ink Corporation has 10,000 shares of 5%, $20 par noncumulative preferred stock, and 37,000 shares of common stock outstanding. Ink declared no dividends in 20X18. In 20X9, Ink declares a total dividend of $54,000. How much of the dividends go to the common stockholders? 8. A. $54,000 B. $44,000 C. $34,000 D. None; it all goes to preferred stockholders