Curtain Co. paid dividends of $6,000, $12,000, and $20,000during Year 1, Year 2, and Year 3, respectively. The company had1,000 shares of 5%, $200 par value preferred stock outstanding thatpaid a cumulative dividend. What is the total amount of dividendspaid to common shareholders during Year 3?A.$4,000B.$6,000C.$8,000D.$10,000
