Potter is better than LOTR incorporated has 10,000 shares of 5cumulative preferred stock issued with a par value of 20 a share, and 50,000 shares of $1 par value common stock issuedIn 2023the company declares and pays a $30,000 cash dividendNo dividends were paid in 2022. How much total will preferred shareholders be getting in 2023 for this dividend?

10,000 , 30,000 , 0 or 20,000