Outstanding stock of the West Corporation included 20,000 shares of $5 par common stock and 5,000 shares of 6%, $10 par non-cumulative preferred stock. In 2011, West declared and paid dividends of $2,000. In 2012, West declared and paid dividends of $6,000. How much of the 2012 dividend was distributed to preferred shareholders? Select one: A. $4,000 B. $7,000 C. $3,000 D. $6,000