On January 1, 2016. Warhol Company issued 1,500 shares of 10%, $200 par value, cumulative preferred stock for $400,000. No preferred dividends were declared in 2016 and 2017 On December 30, 2018, the Board declared $8,000 in dividends. How much of the dividend is allocated to preferred and common shareholders? OA. $0 preferred, $8,000 common OB. $4,000 preferred, S4,000 common O C. $8,000 preferred, So common OD. $3,200 preferred, 54,800 common Tommy Corp. reported a net deferred tax asset balance of $172,800 resulting from an estimated warranty expense accrual for book purposes. The total book tar difference related to the bases of the estimated warranty liability is 5480,000. The enacted statutory tax rate related to this balance changed from 36% 103 immediately. By what amount will the deferred asset balance change? O A. increase by $32,640 OB. increase by $24,000 OC. decrease by $32,640 OD. decrease by $24,000