Help Save & Exit Sul A corporation issues 1.000 shares of 6%, $100 par value preferred stock at the beginning of 2020. All remaining shares are common stock. The company was not able to pay dividends in 2020, but plans to pay dividends of $18,000 in 2021 Assuming the preferred stock is noncumulative, how much of the $18,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021? Multiple Choice $12.000 to preferred stockholders and 56,000 to common stockholders $9.000 10 preferred stockholders and 59.000 to common stockholders 36,000 to preferred stockholders and $12.000 to common stockholders $18.000 10 preferred stockholders and 50 to common stockholders A company's board of directors declared a $0.60 per share cash dividend on its $2 par common stock. On the date of declaration, there were 43,000 shares authorized 25,000 shares issued, and 5,000 shares held as treasury stock. What is the entry when the dividends are declared? A. B. Dividends Dividends Payable Dividends Cash Dividends Dividends Payable Dividends Cash C. 12,800 12,830 12,080 12,000 25,800 25,800 15,00 15,000 Multiple Choice Option Option Opson