oard 6 emaining Time: 1 hour, 23 minutes, 21 seconds. muestion Completion Status: QUESTION 14 Engebretson, Inc. has 5,000 shares of 4%, S50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31. 2016, and December 31, 2015. The board of directors declared and paid a 58 000 dividend in 2016. In 2017 $30,000 of dividends are declared and paid What are the dividends received by the preferred and common shareholders in 2017? Preferred a. $18,000 b. $15,000 c. $12.000 d. $10,000 Common $12,000 $15,000 $18,000 $20,000 d QUESTION 15