Somethings Fishy Co.'s capital account includes: 510,485 common shares and 27,617 cumulative preferred shares Class A each entitled to an annual dividend of $5. Dividends were last paid in 2021. The company is now preparing its financial statements for the year ended December 31, 2023. No dividends were declared by the board of directors in 2023.

What would the company record to dividends payable, for the cumulative preferred shares for the year ended December 31, 2023?

Enter a number only (no +/- signs) . Do not use $ signs or +/- in your final answer. Round your final answer to the nearest dollar. Do not round intermediary calculations.