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The following information is provided for Bold Company for the year 2017: . Preferred stock, 7%, $50 par value, 2,300 shares issued and outstanding .

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The following information is provided for Bold Company for the year 2017: . Preferred stock, 7%, $50 par value, 2,300 shares issued and outstanding . Common stock, $100 par value, 3,300 shares issued and outstanding . Dividends in arrears for three prior years (2014-2016) . Total dividends declared and paid in 2017 were $63,000 How much of the 2017 dividend peyment was paid to the preferred stockholders assuming the preferred stock is cumulative? $8,050. O $54950 O $32.200 O $30800. MacBook Pro FI F2 F5

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