Jacquet Wholesale Merchandise Inc. had 40,000 shares of 6%, $20 par value preference shares and 30,000 shares of $25 Par value ordinary shares outstanding throughout 2014. Total dividends declared in 2014 were $150,000. The preference shares are cumulative, and no dividends were paid in 2012 or 2013. Ordinary shareholders should receive total 2014 dividends of: Select one: O a. $144,000 O b. $6,000 O c. $18,000 O d. $48,000 Next page