Larkspur Company has 24,000 shares of $1 par common stock issued and outstanding. The company also has 2,400 shares of $100 par 3% cumulative preferred stock outstanding. The company did not pay the preferred dividends in 2018 or 2019 . What amount of dividends must the company pay the preferred shareholders in 2020 if they wish to pay the common stockholders a dividend? Amount of dividend \$ eTextbook and Media Attempts: 0 of 4 used Using multiple attempts will impact your score. 20% score reduction after attempt 3