A cоmpаny begаn its оperаtiоns last year when it issued [pref],000 shares of [per]% preferred stock with a par value of $[par]0 per share. The company did not issue any dividend in Year 1, but plans to issue dividends at the end of this second year. What is the total amount of preferred dividends that must be paid before considering common stockholders? Enter answer as a whole number (round to the nearest whole number if needed, no decimals) and without a dollar sign (i.e., 4,250).