Outstanding stock of the Coronado Corporation included 40100 shares of $5 par common stock and 20050 shares of 5%, $10 par noncumulative preferred stock. In 2019, Coronado declared and paid dividends of $7300. In 2020, Coronado declared and paid dividends of $23200. How much of the 2020 dividend was distributed to preferred shareholders? a. $14035 b. $7300 c. $10025 d. None of these answer choices are correct