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Mandili Company has 4,000 shares of 296. $20 par value, cumulative preference shares and 100,000 shares of $1 par value ordinary shares outstanding at December

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Mandili Company has 4,000 shares of 296. $20 par value, cumulative preference shares and 100,000 shares of $1 par value ordinary shares outstanding at December 31, 2011, and December 31, 2010. The board of directors declared and paid a $3,000 dividend in 2010. In 2011. $24,000 of dividends are declared and paid. What are the dividends received by the preference shareholders in 2011? $ 6,600 A $ 6,000. O $ 4,800.CO $ 7,000.00

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