Sabas Company has 20,000 shares of $100 par, 2 % cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1 $10,000 Year 2 45,000 Year 3 90,000 Determine the dividends in arrears for preferred stock for the second year. Oa. $10,000 Ob. $0 Oc. $30,000 Od. $25,000