Lopez, Inc. has 2,000 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $3,000 dividend in 2019. In 2020, $15,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020?

Group of answer choices

a. Preferred stockholders get $4,000 and Common stockholders get $11,000

b. Preferred stockholders get $9,000 and Common stockholders get $6,000

c. Preferred stockholders get $5,000 and Common stockholders get $10,000

d. Preferred stockholders get $7,500 and Common stockholders get $7,500