Cowboy Ice Cream wanted to raise additional capital and had to choose between borrowing from a bank or selling additional shares of stock. Ultimately, Cowboy Ice Cream issued 4,000 shares of $100 par value, 6% cumulative preferred stock for $600,000. Several factors were involved in this decision. Which of the following are true regarding different factors involved in this decision? (Select all that apply) Preferred shares have voting rights and enable preferred shareholders to have control over firm decisions. Failing to make payments on a loan could force a company into bankruptcy. Failing to pay dividends could force a company into bankruptcy. Preferred shares must receive a dividend each year. Dividends do not have to be paid until declared by the company Interest and principal payments must be made as due. Cowboy Ice Cream was able to raise $600,000 without creating any obligations and without giving up control over firm decisions. Paid in Capital in Excess of Par increased by $200,000 from issuing the preferred shares The Preferred Stock account increased by $600,000 by issuing the shares