Moving to the next question prevents changes to this answer Concord in has 700 shares of 8%, S 100 par value, cu mulative p eferred stock and 107,000 shares asi par value conn ons ock stand g at December 31, 2017 "the ado declares a $85,600 dividend, the o preferred shareholders will receive $42.800 and the common shareholders will receive $42.800 o preferred shareholders will receive the entire $85,600 o$85,600 will be held as restricted retained earnings and paid out at some future date O preferred shareholders will receive 1/10th of what the common sharehold ers will recelve