Surf's Up$,$ Incorporated issues $1,000$ shares of $6\%,$$$100$ par value preferred stock at the beginning of $2023.$ All remaining shares are common stock. The company was not able to pay dividends in $2023,$ but plans to pay dividends of $$18,000$ in $2024.$

Assuming the preferred stock is cumulative, how much of the $$18,000$ dividend will be paid to preferred stockholders and how much will be paid to common stockholders in $2024?$

Multiple Choice

$$18,000$ to preferred stockholders and $$0$ to common stockholders

$$6,000$ to preferred stockholders and $$12,000$ to common stockholders

$$9,000$ to preferred stockholders and $$9,000$ to common stockholders

$$12,000$ to preferred stockholders and $$6,000$ to common stockholders