Outstanding stock of the Metlock Corporation induded 38000 shares of $5 par common stock and 12000 shares of 5%, 510 par non-cumulative preferred stock. In 2019, Metlock declared and paid dividends of $5700. In 2020, Metlock declared and paid dividends of $19000. How much of the 2020 dividend was distributed to preferred shareholders? $11700 $18000 56000 None of these answer choices are correct