no.194 please T.T

i cannot understand why the answer is 35000, not 30000

Isejdoses 25,ooo 11-32 Test Bank for Financial Accounting: IFRS Edition, 3e 193. Luther Inc has 2,000 shares of 4% $50 par value, cumulative preference shares and 100,000 ordinary shares with a $1 par value outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid a $3,000 dividend in 2016, In 2017, 520,000 of dividends are declared and paid. What are the dividends received by the preference shareholders in 2017? a. $15,000 2000 b. $10,000 $5,000 $4.000 Ante LO 5. Bloom: AP. Dwoulty: Medium, Min: 2, AACSB: Analy, AICPA BB: Legal Regulatory, AICPA FN: Reporting, AICPA PC: Problem Solving MA: Reporting 194 Anders, Inc has 5,000 shares of 5%, 100 par value, cumulative preference shares and 20,000 ordinary shares with a $1 par value outstanding at December 31, 2017. There were no dividends declared in 2015. The board of directors declares and pays a 55,000 dividend in 2016 and in 2017. What is the amount of dividends received by the ordinary shareholders in 2017? a. 35,000 b. 25,000 C. 55,000 12 h d. 0 A LO Bloom: AP. Medion M 2. AACSB: AI, AICPA BB: Legal Regulatory, AICPA FN: Rep , AICPA PC: Promo MA: Reporting 195. Cuther Inc has 1,000 shares of 4%, $50 par value, cumulative preference shares and 50,000 ordinary shares with a $1 par value outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid a $1,000 dividend in 2016. In 2017, $10,000 of dividends are declared and paid. What are the dividends received by the ordinary shareholders in 2017? a. $7,000 b. $5,000 c. $8,000 d. $2,000 L O:6, Bloom: AP Dificulty: Medium, Min: 2. AACSB: Analytic. AICPA BB: Legal Regulatory, AICPA FN: Reporting. AICPA PC. Problem Solving 25 5000 A