Hinman, Inc., has outstanding 10,000 shares of $100 par value, 6% nonparticipating, cumulative preferred stock and 16,000 shares of $20 par value common stock. if the dividend on preferred stock is two years in arrears, and the total cash dividend declared this year is $340,000, then the total amounts distributed to preferred and common stockholders, respectively, are: Select one: A. $108,000 and $232,000 B. $54,000 and $286,000 C. $180,000 and $160,000 D. $127,500 and $212,500