Logan Inc., has 4,000 shares of 5%, $50 par value, noncumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2021, and December 31, 2020. The board of directors declared and paid an $8,000 dividend in 2020. In 2021, $40,000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2021? $20,000 $10,000 $12,000 $28,000