Starr Corporation's December 31, 2007 Balance Sheet showed the following: 6% preferred stock, $10 par value, cumulative, 20,000 shares authorized; 10,000 shares issued $ 100,000 Common stock, $10 par value, 2,000,000 shares authorized; 1,300,000 shares issued, 1,280,000 shares outstanding 13,000,000 Paid-in capital in excess of par value - preferred stock 40,000 Paid-in capital in excess of par value - common stock 10,000,000 Retained earnings 5,100,000 Treasury stock (20,000 shares) 420,000 Starr declared and paid a $50,000 cash dividend on December 15, 2007. If the company's dividends in arrears prior to that date were $12,000, Starr's common stockholders received O A $32,000. B. $18,000. O c. $22,000. OD no dividend