2 points ABC Inc had 10,000 shares of 6%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding 2021. Assuming that total dividends declared in 2021 were $80,000 and that the preferred stock is cumulative with two years' preferred dividends in arrears on December 31, 2020, the preferred & common stockholders should receive 2021 dividends totaling: $48000 $36000 $44000 $8000 $80,000 Preferred Dividend in 2021 Common Stock Dividend in 2021 O