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Ardent Inc. had 1,000 shares of $6, no par value preferred shares outstanding, as well as 100,000 common shares which sold for $10.00 per share. On March 31, 2018, their year- end, the board of directors declared a dividend of $9,500. In the past, they have tried to maintain a minimum dividend of $0.10 per common share. Suppose the preferred shares are cumulative, and Ardent, having had a slow year, was unable to pay any dividends last year. In that case, preferred shareholders would receive _ and common shareholders would receive _ on March 31 of this year. O $6,000; $3,500 O $12,000; $0 O $9,500; $0 O $4,750; $4,750