Written, Inc. has outstanding 600,000 shares of $2 par value common stock and 120,000 shares of 6% preferred stock with a par value of $5. Dividends have been paid in every year except the past two years and the current year. Assuming that $270,000 is distributed, and the preferred stock is cumulative and participating, how much will the common stockholders receive?

Group of answer choices

$162,000

$132,000

$138,000

$ 72,000