Help Save & Exit Submit Swing Ltd. issued 14,000 preferred shares, $2 cumulative on January 1, 2020. Swing Ltd. also issued 60,000 common shares on January 1, 2020, for $1 per share. The company issued the following dividends: Year 2020 2021 Cash Dividend -no dividends- $38,000 What is the cash value of the dividends that the preferred shareholders would receive in 2021? Multiple Choice O Preferred shareholders would not receive any dividends $28,000 $38,000