sandhill inc. declared a $$240000$ cash dividend. it currently has $12500$ shares of $4\%,$ $$100$ par value cumulative prefered stock outstanding. It is one year in arrears on its preferred stock. How much cash will sandhill distribute to the common stockholders? a$)$ $$140000$ b$)$ $$100000$ c$)$ $$190000$ d$)$ $$0$