Sheridan, Inc. has 2100 shares of 4%, $50 par value, cumulative preferred stock and 42000 shares of $1 par value common stock outstanding at December 31, 2019. The board of directors declared and paid a $3000 dividend in 2019. In 2020, $29800 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020? Preferred Common $5400 $24400 $24400 $5400 $4200 $25600 $14900 $14900