On january 1, 2017, bank & rupp, inc. issued 100,000 shares of $1 par value common stock and 1,000 shares of $50 par value, 6%, cumulative preferred stock. no dividends were declared in 2017. in 2018, bank & rupp declared and paid a $1 dividend to its common stockholders. assuming all shares originally issued are outstanding, the total dividend paid to the preferred stockholders equals