Hide blocks The shareholders equity of Red Corporation includes $20 0,000 of $1 par mon stock and $400,000 par cumulative preferred s dividends of $50,000 in 2018 com board of directors of Red declared cash after paying $40,00 is the 2018? of 6% tock. The O cash dividends in 2016 and $20,000 in 2 017. What total amount of dividend s prefer red shareholders will recei ve in Select one: O A. $22,0oo. B. $26,000. C. $28,000. D. $18,000