Close Window Moving to another question will save this response stion 12 Question 12 of 53 2 points See Answer A company has 17.000 shares of 10% $70 per cumulare catered stock outstanding and 20,000 shares of no-par common stock outstanding Dividends on preferred stock are in amears by $119.000 at the end of 2018. At the end of 2019 the corporation declares a dividend of $300,000. How is the dividend allocated between preferred and common stockholders? GA The dividend is allocated $300,000 to prefered stockholders and no dividend is paid to common stockholders 8. The dividend is allocated $238.000 so prefered stockholders and $52,000 to common stockholders C. The dividend is allocated $119,000 to preferred stockholders and $181.000 to common stockholders 00. The dividend is allocated $150,000 to prefered stockholders and $150,000 to common stockholders Moving to another question will save this response DELL Question 12 of 53 Close Window