Splish Brothers Inc.s December 31, 2020 balance sheet showed the following:

6% preferred stock, $10 par value, cumulative,
35000 shares authorized; 21000 shares issued	$ 210000
Common stock, $10 par value, 3,000,000 shares authorized;
1,950,000 shares issued, 1,920,000 shares outstanding	19900000
Paid-in capital in excess of par value - preferred stock	58000
Paid-in capital in excess of par value - common stock	27700000
Retained earnings	9650000
Treasury stock (30,000 shares)	589000

Splish declared and paid a $85900 cash dividend on December 15, 2020. If the companys dividends in arrears prior to that date were $26200, Splish's common stockholders received

$73300.

$58100.

$47100.

no dividend.