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Outstanding stock of the Blossom Corporation included 30000 shares of $5 par common stock and 8000 shares of 5%, $10 par non-cumulative preferred stock. In 2016, Blossom declared and paid dividends of $1500. In 2017, Blossom declared and paid dividends of $15000. How much of the 2017 dividend was distributed to preferred shareholders?
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