Organic Produce, Inc. has 47,000 shares of common stock outstanding and 11,000 shares of preferred stock outstanding. The common stock is $0.07 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2019, the company declares a total dividend payment of $57,000. How much dividend will be paid to the preferred stockholders? OA. $57,000 OB. $3,290 OC. $44,000 OD. $77,000