Mason Transport has the following stock outstanding at December 31, 2014 5% Cumulative preferred stock, $12 Par Value $39,600 Common stock, $0.10 Par Value 12,000 Mason paid no dividends during 2013. During 2014, it declares $13,000 of dividends. How much of the $13,000 will preferred stockholders receive? $1,980 $3,960 $1,083 None of the answer choices are correct