1) XYZ Corporation has outstanding 1,000 shares of $100 par, 10% preferred stock, and 6,000 shares of no-par common stock. Stangeland Corp.'s balance sheets show these issues as follows: pfd: $100K common: $120K Stangeland Corporation paid out dividends for the last four years as follows: year A, $9,000 b 10,000 C 17,000 D 33000. if the preferred stock is cumulative and fully participating, the allocation of the year D dividends between preferred and common stock was

select one

A) $ 0 preferred , $33,000 common

B) $15000 P, $18000 Common

C none

D) $20455 P , $12545 common

E) $10000 P , $23000 C