2. Use the information provided in Problem 2. What is the amount of dividends that common stockholders woul receive this year if the preferred stock were NOT cumulative? [For answers that require a number, enter a number with no symbols or punctuation (example 10000).] 1.Peloton has the following stock outstanding. - Common Stock- $50,000 (\$1 par, 150,000 shares authorized, 50,000 shares issued and outstanding) - Paid-in Capital in Excess of Par, Common Stock- $750,000 - Preferred Stock - $60,000 (15 percent, $30 par, 10,000 shares authorized, 2,000 shares issued and outstanding) - Paid-in Capital in Ficeess of Par, Preferred Stock- 5120,000 Given this information, if Peloton pays dividends totaling $50,000 during the year, and if the preferred stock is cumulative and the dividends on the preferred stock were TWO years in arrears as of the beginning of the year (i.e. Peloton did not pay any dividends to preferred stockholders last year or the year before), what ia the amouat of dividends that common stockholders will receive this year? [For answers that reauire a number, enter a number with no symbols of punctuation (example 10000).]