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Which of the following is/are true? A. Preferred stock is usually voting stock. B. Common stock is usually voting stock. C. Common dividends are usually paid first, before preferred dividends. D. Both B and C are true. B&B Corporation is authorized to sell 60,000 shares of $10 par, 6% cumulative preferred stock and 90,000 shares of S6 par common stock. There are 30,000 shares of preferred stock outstanding and 30,000 shares of common stock outstanding. A $40,000 cash dividend has been declared by the board of directors. No dividends in arrears exist. What is the total amount to be given to the preferred shareholders? A. $40,000 B. $20,000 C. $36,000 D. $18,000 Refer to Question 3. What is the common stock dividend per share amount (rounded)? A. $.733 B. $.367 C. $.244 D. $1.333 Ursula Corporation issued 50,000 shares of S1 par common stock at a price of $10 per share. On June 1, Ursula purchased 2,000 shares of its own stock at a cost of S14 per share. On December 1, Ursula resold all the shares for $16 each. The entry on December 1 would include which of these? A. Credit to Paid-in Capital from Treasury Stock Transactions, $4,000. B. Credit to Treasury Stock, $32,000. C. Credit to Gain on the Sale of Treasury Stock, $4,000. D. Debit to Cash, $28,000