Riga Ltd. has outstanding 100,000 no par common shares and 20,000 no par, $0.40, preferred shares issued at $5 each. The preferred shares are cumulative and non-participating. Dividends have been paid every year except the past two years and the current year.Assuming that $21,000 will be distributed as a dividend in the current year, how much will thepreferredshareholders receive?