Sabik Corporation has had 7,500 shares of 6%, $50 par value, cumulative preferred stock outstanding as well as 28,000 shares of $10 par value common stock outstanding since it was incorporated. During the first, second, and third years of operations, $15,000, $18,000, and $50,000 in dividends, respectively, were paid. The dividends paid to the common stockholders of Sabik Corporation in year three amounted to:

a. $0

b. $15,500

c. $27,500

d. The common stock dividend cannot be determined from the given information.