Marigold Corp. has outstanding 606000 shares of $2 par common stock and 125000 shares of no-par 6% preferred stock with a stated value of $5. The preferred stock is cumulative and nonparticipating. Dividends have been paid in every year except the past two years and the current year. Assuming that $234000 will be distributed as a dividend in the current year, how much will the common stockholders receive?

a.) $121500.

b.) Zero.

c.) $196500.

d.) $159000.