Precocious Corporation issues 10,000 shares of 6%, $100 par value preferred stock at the beginning of 2020. All remaining shares are common stock. Precocious was not able to pay dividends in 2020, but plans to pay dividends of $150,000 in 2021. Assuming the preferred stock is cumulative, how much of the Precocious $150,000 dividend will be paid to common stockholders