On January 1, 2016, Warhol Company issued 4,500 shares of 10%, $50 par value, cumulative preferred stock for $325,000. No preferred dividends were declared in 2016 and 2017. On December 30, 2018, the Board declared $4,000 in dividends. How much of the dividend is allocated to preferred and common shareholders? O A. $2,000 preferred, $2,000 common O B. $4,000 preferred. $0 common O C. $0 preferred, $4,000 common OD. $1,600 preferred, $2,400 common