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.

$0

$10,000

$30,000

$25,000