Larkspur, Inc has 15000 shares of 6%,$100 par value, cumulative preferred stock and 120000 shares of $1 par value common stock outstanding at December 31,2021 . If the board of directors declares a $25000 dividend, the preferred stockholders will receive $62500 and the common stockholders will receive $62500. preferred stockholders will receive the entire $25000. $25000 will be heid as restricted retained earnings and paid out at some future date. preferred stockholders will receive 1/10 th of what the common stockholders will receive