5 "Corporation has both Common and Preferred Stock outstanding. The Preferred Stock is Cumulative. There were no dividends declared last year. DATA Common Stock Par Value Common Stock (shares outstanding) Preferred Stock Par Value Preferred Stock (shares outstanding) $10 100,000 $100 20,000 $2.00 Preferred Dividend per share) Dividend Declared $100,000 How was the total dividend allocated between Common and Preferred Shareholders? Select all correct statements. Do not select all statements, incorrect choices are penalized." The Common Dividend equals $0. "The Common Dividend equals $60,000 The Preferred Dividend equals $40,000 "The Preferred Dividend equals $80,000. The Preferred Dividend equals $100,000 The Common Dividend equals $20,000