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A corporation has 20.000 shares of 17.550 par cumulative preferred stock outstanding and 25.000 shares of $1 par common stock outstanding Preferred dividends in arrears

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A corporation has 20.000 shares of 17.550 par cumulative preferred stock outstanding and 25.000 shares of $1 par common stock outstanding Preferred dividends in arrears are $36,000. Att end of the current year, the corporation declares a dividend of 208.000. How is the dividend allocated between preferred and common stockholders? Common Stock Dividend Preferred Stock Dividend. $200.000 Preferred Stock Dividend common Stock Didend 5200.000 52.000 Preferred Stock Dividend Common Stock Dividend $206.000 Preferred Stock Dividend 5170.000 Common Stock Didend DO

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