Luther Inc Has 2,000 Shares of 6%, $50 Par Value

Luther Inc has 2,000 shares of 6%, $50 par value, cumulative preference shares and 100,000 ordinary shares with a $1 par value outstanding at December 31, 2011, and December 31, 2010.The board of directors declared and paid a $5,000 dividend in 2010.In 2011, $24,000 of dividends are declared and paid.What are the dividends received by the preference shareholders in 2011?

A) $17,000
B) $12,000
C) $7,000
D) $6,000