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Outstanding stock of the Swifty Corporation included 31000 shares of $5 par common stock and 14000 shares of 5%, $10 par non-cumulative preferred stock. In

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Outstanding stock of the Swifty Corporation included 31000 shares of $5 par common stock and 14000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Swifty declared and paid dividends of $6200. In 2020, Swifty declared and pald dividends of $18600. How much of the 2020 dividend was distributed to preferred shareholders? $11600 $13200 $7000 None of these answer choices are correct

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