The board of directors of Smalltime Business, inc. has authorized $292,00 to be distributed to its stockholders as an annual dividend. You own 50 of the 4,000 shares of common stock. If there are also 6%, $100 par preferred stock, how much will you receive as a dividend on your 100 shares of common stock?

A: $7150

B: $6.00

C: $7,150

D: $8,000