Library, Inc. has 2,500 shares of 4%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2017, and December 31, 2018. The board of directors declared and paid a $3,000 dividend in 2017. In 2018, $18,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2018? Preferred Common a. $11,000 $7,000 b. $9,000 $9,000 c. $7,000 $11,000 d. $5,000 $13,000 9. Rouse Corporation's December 31, 2018 balance sheet showed the following: 8% preferred stock, $10 par value, cumulative, 20,000 shares authorized; 15,000 shares issued $ 150,000 Common stock, $10 par value, 2,000,000 shares authorized; 1,950,000 shares issued, 1,930,000 shares outstanding 19,500,000 Paid-in capital in excess of par--preferred stock 60,000 Paid-in capital in excess of par-common stock 24,000,000 Retained earnings 7,650,000 Treasury stock (20,000 shares) 630,000 Rouse's total stockholders' equity was a. $51,990,000. b. $43,710,000. c. $51,360,000. d. $50,730,000