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Outstanding stock of the Nash's Corporation included 30000 shares of $5 par common stock and 8000 shares of $10 par non-cumulative preferred stock. In 2019,

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Outstanding stock of the Nash's Corporation included 30000 shares of $5 par common stock and 8000 shares of $10 par non-cumulative preferred stock. In 2019, Nasty's declared and paid dividends of $1500 In 2020, Nash's declared and paid dividends of $15000. How much of the 2020 dividend was distributed to preferred shareholders? $5500 $12000 $4000 None of these answer choices are correct

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