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Peacock Partners Inc, began operations in 2015 and issued both common stock and cumulative preferred stock in the same year. Peacock has 100.000 shares of

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Peacock Partners Inc, began operations in 2015 and issued both common stock and cumulative preferred stock in the same year. Peacock has 100.000 shares of 5%, $20 par preferred stock, all of which has been outstanding since 2015. Since 2015, Peacock declared and paid dividends as follows: 2015 - $50,000 2016 - $80,000 2017 - $90,000 2018 - $120,000 2019 - $120,000 2020 - $130,000 From 2015 through 2020, what is the total amount of dividends Peacock paid to the preferred shareholders? O $520,000 $590,000 $600.000 O $540.000

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