Organic Produce, Inc. has 43,000 shares of common stock outstanding and 3,000 shares of preferred stock outstanding. The common stock is $0.04 par value; the preferred stock is 6% noncumulative with a $100.00 par value. On October 15, 2019, the company declares a total dividend payment of $53,000. How much dividend will be paid to the preferred stockholders? O A. $12,000 B. $53,000 C. $1,720 D. $18,000