D Question 17 1.2 pts Win, Inc. has 10,000 shares of 7%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2015. If the board of directors declares a $70,000 dividend, the O $70,000 will be held as restricted retained earnings and paid out at some future date. O preferred shareholders will receive the entire $70,000. 00 preferred shareholders will receive 1/10th of what the common shareholders will receive. O preferred shareholders will receive $35,000 and the common shareholders will receive $35,000