25-Atlantis Corporation has 18000 shares of 10%, 84par noncumulative preferred stock outstanding and 30,000 shares of nopar common stock outstanding. At the end of the current year, the corporation declares a dividend of 193000. How is the dividend allocated between preferred and common stockholders?

A.

The dividend is allocated 5438to preferred stockholders and 120,625to common stockholders.

B.

The dividend is allocated 252,000to preferred stockholders and 59000to common stockholders.

C.

The dividend is allocated 151,200to preferred stockholders and 41,800 to common stockholders.

D.

The dividend is allocated 73,375to preferred stockholders and 120625 to common stockholders.

24-Atlantis Corporation has 18000 shares of 10%, 84par noncumulative preferred stock outstanding and 30,000 shares of nopar common stock outstanding. At the end of the current year, the corporation declares a dividend of 193000. How is the dividend allocated between preferred and common stockholders?

A.

The dividend is allocated 5438to preferred stockholders and 120,625to common stockholders.

B.

The dividend is allocated 252,000to preferred stockholders and 59000to common stockholders.

C.

The dividend is allocated 151,200to preferred stockholders and 41,800 to common stockholders.

D.

The dividend is allocated 73,375to preferred stockholders and 120625 to common stockholders.