Lauer Company has 1,000 shares of $300 par value, 5% cumulative preferred stock and 50,000 shares of $60 par value common stock outstanding. The company paid total cash dividends of $6,000 in its first year of operation, and declared total cash dividends of $30,000 in its second year of operation. The cash dividend paid to common stockholders in the second year will be:

Select one:

A. $6,000

B. $13,500

C. $13,950

D. $21,000