Maple Co. has outstanding 5,000 shares of $16 cumulative dividend preferred stock. Maple has paid dividends since 2015 as follows: 2015, $60,000; 2016, $40,000; 2017, $80,000. Maple has 5,000 shares of common stock outstanding. If Maple pays $200,000 in dividends in 2018, how much will the preferred shareholders receive?

$200,000

$140,000

$80,000

$100,000