Choose the correct answer listed below the question

Select the best answer for the question 9. Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 sh $20-par common stock. The preferred stock is cumulative. How much will be distributed to the preferred and common stockholders on the date of payme preferred stock is $8,000 in arrears? O A. $15,500 preferred, $4,500 common O B. $8,000 preferred, $12,000 common C. $7,500 preferred, $12,500 common D. $20,000 preferred, $0 common Mark for review Will be hiahliahtegion the review page) Type here to search o i ves