At December $31,$ Year $2$ and Year $3,$ Apex Co$.$ had $3,000$ shares of $$100$ par, $5\%$ cumulative preferred stock outstanding. No dividends were in arrears as of December $31,$ Year $1.$ Apex did not declare a dividend during Year $2.$ During Year $3,$ Apex paid a cash dividend of $$10,000$ on its preferred stock. Apex should report dividends in arrears in its Year $3$ financial statements as a$($an$)$: