Yamhill, Inc. began on January 1, 2016 by issuing 200,000 shares of $1 par value common stock and 2,000 shares of $100 par value, 5%, cumulative preferred stock. No dividends were declared in 2016 or 2017 2018, Yamhill declared and paid the preferred stockholders and a $0.50 dividend to its common stockholders. Assuming all shares originally issued are outstanding, the total dividend declared and paid in 2018 equals: Multiple Choice $130,000 $101,000 $110,000 $100,000