The following information is provided for Bold Company for the year 2022 - Preferred stock, 5%,550 par value; 3,000 shares issued and outstanding - Common stock. $100 par value, 4,000 shares issued and outstanding - Dividends in arrears for three prior years (20192021) - Total diludends declared and paid in 2022 were $70000 How much of the 2022 dividend poyment was paid to the preferred stockholders assuming the preforred stock is cumbiative? Muiniple Choice $7,500 $62,500 530,000. 540,000