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Sunland Company, has 4700 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common stock outstanding at December

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Sunland Company, has 4700 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common stock outstanding at December 31, 2021, and December 31, 2020. The board of directors declared and paid an $8500 dividend in 2020. In 2021. 543100 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2021? O $11750 $32000 $15000 O $23500

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