Alpha Corp, had $15,000 of dividends in arrears for, cumulative, non-participating preferred sock as of January 1, 2018. This value of dividend in…

Alpha Corp, had $15,000 of dividends in arrears for, cumulative, non-participating preferred sock as of January 1, 2018. This value of dividend in arrears was for the fiscal year 2016 & 2017. During fiscal year 2018, common shareholders received a cash dividend distribution. no additional shares of preferred stock were issued during fiscal year 2017 & 2016. Use this information to determine the dollar amount of dividens that was paid to preferred share holders during fiscal year 2018.