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(0 Not Secure | ezto.mhed m.tpx connect Chapter 11 Qutz Question 1 (of 5) 0.60 points MC Qu.153 A company has outstanding... A company has outstanding 13.50 million shares of $5.50 par common stock and 1.7 million shares of $4.70 par preferred stock. The preferred stock has an 9% diidend rate. The company declares $370,000 in total dividends for the yeac Which of the following is correct if the preferred stockholders only have a current dividend preference? O Prefered stockholders will recelve the entire $370,000, and they must also be paid $53,000 sometime in the O Preferred stockholders wil receve S33.300 or 9% of the total dividends O Prefened stockholders will receve the entire $370.000, but wis receive nothing more relating to this O Preferred stockholders will receive the entire $370.000, and they must aso be paid $53000 before the end future before common stockholders will recelve anything Common stockholders will receive the remaining $336,200. dividend declaretion. Common stockholders will recelve nothing of the current accounting period. Common stockholders will recelve nothing References MC Ou153 A compary has outstanding Multiple Choice