why the answer is 35000, not 30000?

UUTUI H as VU S OS O 470, pou par value, cumulative prererer ce Shares anu 100,000 ordinary shares with a $1 par value outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid a $3,000 dividend in 2016. In 2017, $20,000 of dividends are declared and paid. What are the dividends received by the preference shareholders in 2017? a. $15,000 4 coo b. $10,000 $5,000 geoteca bao $4.000 Ans: C, LO: 5, Bloom: AP, Difficulty: Medium, Min: 2, AACSB: Analytic, AICPA BB: Legal/Regulatory, AICPA FN: Reporting, AICPA PC: Problem Solving IMA: Reporting 194 Anders, Inc has 5,000 shares of 5%, 100 par value, cumulative preference shares and 20,000 ordinary shares with a $1 par value outstanding at December 31, 2017. There were no dividends declared in 2015. The board of directors declares and pays a 55,000 dividend in 2016 and in 2017. What is the amount of dividends received by the ordinary shareholders in 2017? a. 35,000 25 b. 25,000 C. 55,000 d. 0 25,000 5000 | ns: a, LO:5, Bloom: AP, Difficulty: Medium, Min: 2, AACSB: Analytic, AICPA BB: Legal/Regulatory, AICPA FN: Reporting, AICPA PC: Problem Solving, IMA: Reporting 95. Cuther Inc has 1,000 shares of 4%, $50 par value, cumulative preference shares and