Novak Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative,
35000 shares authorized; 23000 shares issued $460000
Common stock, $10 par value, 3,000,000 shares authorized;
1,950,000 shares issued, 1,920,000 shares outstanding 19800000
Paid-in capital in excess of par value - preferred stock 69000
Paid-in capital in excess of par value - common stock 27800000
Retained earnings 9250000
Treasury stock (30,000 shares) 589000

Tamarisk declared and paid a $80200 cash dividend on December 15, 2020. If the company’s dividends in arrears prior to that date were $29100, Tamarisk's common stockholders received :

a. $50200.
b. $21100.
c. $32100.
d. no dividend.