Premier's Outstanding Stock Consists of (A)57,000 Shares of Cumulative 4 $$\begin{array} { c c } 2010 & \$ 0 \\2011 & 38,000 \\2012 & 150,000 \\2013 & 175,000\end{array}$$

Multiple Choice

Premier's outstanding stock consists of (a) 57,000 shares of cumulative 4.25% preferred stock with a $18 par value and (b) 75,000 shares of common stock with a $1 par value.During its first four years of operation,the corporation declared and paid the following total cash dividends.
$$\begin{array} { c c } 2010 & \$ 0 \\2011 & 38,000 \\2012 & 150,000 \\2013 & 175,000\end{array}$$
What is the amount of dividends that the Common Stockholders receive for all years presented?

A) $177,000
B) $188,580
C) $214,250
D) $326,000
E) $363,000