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Corporation has 10 comma 000 shares of 5%, $ 5 par cumulative preferred stock and 53 comma 000 shares of common stock outstanding. Kruise declared
Corporation has 10 comma 000 shares of 5%, $ 5 par cumulative preferred stock and 53 comma 000 shares of common stock outstanding. Kruise declared no dividends in 2023 and had no dividends in arrears prior to 2023. In 2024, Kruise declares a total dividend of $ 53 comma 000. How much of the dividends go to the common stockholders? Question content area bottom Part 1 A.$ 48 comma 000 $ 48 comma 000 B.$ 50 comma 500 $ 50 comma 500 C.$ 53 comma 000 $ 53 comma 000 D. None; it all goes to preferred stockholders
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