Multiple Choice Question 118 Swifty Corporation has 155000 shares of $10 par value common stock and 95000 shares of $10 par value, 5%, cumulative, participating preferred stock outstanding. Dividends on the preferred stock are one year in arrears. Assuming that Swifty wishes to distribute $260000 as dividends, the common stockholders will receive O $131750. O $128250. O $182500. O $ 77500