Woodside Corporation has $80,000$ shres of $$1$ par value common stock and $20,000$ shares of cumulative $5\%,$ $$100$ par preferred stock outstanding. Wopdside has not paid a dividend for the prior year. If Woodside declares a $$1\mathrm{.}25$ per common stock dividend this year, what will be the total amount they must pay to all of their shareholders?

Select one:

a$.$ $$125,000$

b$.$ $$200,000$

c$.$ $$300,000$

d$.$ $$100,000$