16. Kinza, Inc. has 1,000 shares of 6%, $100 par value, cumulative preferred stock and 10,000 shares of $2 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $4.000 dividend in 2019. In 2020, $10,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020? Preferred Common a. $14,000 $0 b. $8,000 $2,000 C. $10,000 $4,000 d. $0 $14,000 10,000 X 2=20,to