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