Question 13 points Sout Artw At the beginning of 2016, Elmer Corporation issued 10,000 shares of $100 par, 5%, cumulative, preferred stock for $130 per share. As of the beginning of 2018, no dividends have been paid to preferred shareholders. What amount of dividends will a preferred shareholder owning 400 shares receive in 2018 Elmer pays $1,000,000 in dividends? $6,000 $6,600 O $2,000 O$40,000 50