Sheffield Corp. has 12500 shares of 5%, $100 par value, cumulative preferred stock and 25000 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2018. The board of directors declares and pays a $118750 dividend in 2019 and in 2020. What is the amount of dividends received by the common stockholders in 2020? O $62500 O $56250 O $0. O $50000