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

6% preferred stock, $20 par value, cumulative,
40000 shares authorized; 25000 shares issued	$ 500000
Common stock, $10 par value, 3,000,000 shares authorized;
1,950,000 shares issued, 1,920,000 shares outstanding	19200000
Paid-in capital in excess of par value - preferred stock	50000
Paid-in capital in excess of par value - common stock	27700000
Retained earnings	9150000
Treasury stock (30,000 shares)	450000

Tamarisk declared and paid a $80200 cash dividend on December 15, 2020. If the companys dividends in arrears prior to that date were $29100, Tamarisk's common stockholders received

$50200.

$21100.

$32100.

no dividend.