Quesuon Heip Orleans, Inc. was incorporated on January 1, 2014. Orleans issued 10,000 shares of common stock and 900 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with an 14% dividend rate. Orleans has not paid any dividends yet.. In 2017, Orleans had its first profita ble year, and on November 1, 2017, Orleans declared a total dividend of $56,000. What is the total amount that will be paid to preferred shareholders? O A. $50,400 O B. $11,200 O C. $56.000 O D. $12.600