Ziena Corporation has the following stock outstanding:

2,500 shares of cumulative 10%, $100 per value preferred stock

50,000 shares of $10 per value common stock

Ziena paid total dividends of $10,000 in 20X1 and $60,000 in 20X2. What is the total amount of dividends paid in common stockholders in 20X2?

a. $60,000 b. $20,000 c. $25,000 d. $35,000

Please help! due at 11:50 p.m. Thanks!