At December 31, 2022, Fashion Forward Inc. has 15,000, $4, cumulative preferred shares issued. If the board of directors declares a $55,000 dividend at this date Select one: $5,000 will be disclosed as dividends in arrears in the notes to the financial statements. the company will owe the preferred shareholders nothing further. the company still has to pay the preferred shareholders $60,000, regardless of what amount was declared. O the company will still owe the preferred shareholders $5,000 and should record a dividend payable for this amount