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A corporation has issued 25,000 shares of its authorized 50,000 shares of common stock. There are 5,000 shares of common stock that have been repurchased

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A corporation has issued 25,000 shares of its authorized 50,000 shares of common stock. There are 5,000 shares of common stock that have been repurchased and are classified as treasury stock. The corporation has 10,000 shares of preferred stock. If a $O.60 per share dividend has been authorized on its common stock, what will be the total common stock dividend payment? OA. OB. OC. OD, S21.000 $15,000 $12,000 $30,000

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