Your Corporation has the following number of shares of stock outstanding: Cumulative Preferred stock, 2.5%. $100 par 8,000 shares Common stock, $10 par 10,000 shares It will distribute $100,000 to the two classes of stockholders this year. Including the current year, the preferred stock is three years in arrears. How much of the dividend will the common stockholders receive? $100,000 $ 60,000 $ 40,000 $ 20,000