Megan's Melts issues 500 shares of $10 par, 10% cumulative preferred stock on January 1st, Year 1 for $40/share. Megan does not pay any dividends in Year 1, Year 2, or Year 3, but does pay out dividends of $10,000 (total, including dividends paid to both preferred and common shareholders) in Year 4. Record the journal entry Megan's Melts makes on January 1st, Year 1 for the issuance of preferred stock.

How much of the $10,000 dividend paid out in Year 4 is dividends in arrears?