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Organic Produce, Inc. has 43,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The common stock is $0.02 par value; the

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Organic Produce, Inc. has 43,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The common stock is $0.02 par value; the preferred stock is 5% noncumulative with a $100.00 par value. On October 15, 2019, the company declares a total dividend payment of $43,000. How much dividend will be paid to the preferred stockholders? O A. $10,000 OB. $4,000 C. $860 O D. $43,000

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