points$)$ Which af the follow statements most accurately describes cumulative preferred stock?$($LE $16)$SplabusheduleJonsW$-$H Annual dividends are the dvidend paid to common stockholders plus a premium.O Any fridends not paid must be paid in later years before paying common stockholders Holders can choose to receive their dividends as additional shares of preferred stock Holders can accumulate their shares and convent thern to common or noncumulative preterred stock.