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Bach, Inc. has declared a $21,000 cash dividend to shareholders. The company has 5.000 shares of $15 - par, 7% preferred stock and 11,000 shares

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Bach, Inc. has declared a $21,000 cash dividend to shareholders. The company has 5.000 shares of $15 - par, 7% preferred stock and 11,000 shares of $20- par common stock. The preferred stock is non-cumulative How much will be distributed to the preferred and common stockholders on the date of payment? O A 50 preferred, $21,000 common OB. $15.750 preferred, 55,250 common OC. $5.250 preferred 515,750 common OD. 521.000 preferred. 50 common

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