Atlantis Corporation has 16,000 shares of 13%, $80.00 par noncumulative preferred stock outstanding and 21,000 shares of no- par common stock outstanding. At the end of the current year, the corporation declares a dividend of $181,000. How is the dividend allocated between preferred and common stockholders? O A. The dividend is allocated $218,400 to preferred stockholders and $37,400 to common stockholders B. The dividend is allocated $78,270 to preferred stockholders and $102,730 to common stockholders. C. The dividend is allocated $166,400 to preferred stockholders and $14,600 to common stockholders. D. The dividend is allocated $8,095 to preferred stockholders and $102,730 to common stockholders