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San Juan, LTD, has 12908 shares of cumulative preferred 1% stock, $100 par and 104282 shares of 23 par common stock. The following amounts were

San Juan, LTD, has 12908 shares of cumulative preferred 1% stock, $100 par and 104282 shares of 23 par common stock. The following amounts were distributed as dividends: 20Y1 $10,000 20Y2 6,000 20Y3 90,000 


What amount of dividends were distributed to preferred shareholders in 20Y1?

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