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6. JKL Corporation had the following Shareholders' Equity on September 30, 2023: On September 15, 2023, JKL Corporation declared a $170,000 cash dividend to be
6. JKL Corporation had the following Shareholders' Equity on September 30, 2023: On September 15, 2023, JKL Corporation declared a $170,000 cash dividend to be paid on October 15 to shareholders of record on September 28. Assuming that the preferred dividends have NOT been paid for fiscal years 2021 and 2022, the total amount of the dividends paid to the preferred shareholders on October 15, 2023 would be: A. $50,000 B. S150,000 C. $170,000 D. 50 E. None of the above
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