Colorful, Inc. was incorporated on January 1 2016 Colorful issued 15,000 shares of common stock and 800 shares of preferred stock on that date. The preferred stock s cumulative $100 par, with a 12% dividend rate. Colorful has not paid any dividends yet. In 2019, Colorful had its first profitable year, and on November 1, 2019, Colorful declared a total dividend of $44,000. What is the total amount that will be paid to common stockholders? O A. $38,400 O B. $44,000 OC. $9,600 O D. $5,600 Electric nc was incorporated on January 1 2016 Electric issued 4 000 shares o common stock and 1.200 shares of preferred stock on that date. The preferred stock s cumulative $100 par with an 12% dividend rate. Electric has not paid any dividends yet. In 2019, Electric had its first profitable year, and on November 1, 2019, Electric declared a total dividend of $63,000. What is the total amount that will be paid to preferred shareholders? OA. $57,600 OB. $63,000 Oc. $13,.200 OD. $14,400 Atlantis Corporation has 1 1 000 shares o 13% S82 00 par noncumulative preferred stock outstanding and 26 000 shares o no-par com non stock outstanding. At he end of the current year, he corporation de ares a dividend of $192,000. How is the dividend allocated between preferred and common stockholders? O A. The dividend is allocated $5,991 to preferred stockholders and $134,919 to common stockholders. O B. The dividend is allocated $277,160 to preferred stockholders and $85,160 to common stockholders. C. The dividend is allocated $117,260 to preferred stockholders and $74,740 to common stockholders. O D. The dividend is allocated $57.081 to preferred stockholders and $134,919 to common stockholders