Garcia, Inc. has outstanding 600,000 shares of $2 par common stock and 120,000 shares of 8% preferred stock with a par value of $50. The preferred stock is cumulative and participating. In 2020, Garcia, Inc, pays a common dividend of $ 10 per share, which is equivalent to a dividend rate of 1296Which of the following is true? A The preferred stockholders will receive a dividend of $10 per share. B The preferred stockholders will receive a dividend of s4 per share. Only common stockholders will receive a dividend None of the above