QUESTION 1 financial data for Peterson Company appear below Account Balances End of Year Beginning of Year $800 0001[ s6000001 nmon stock Preferred stock 250000240,000 Retained eamings 37000 150.0001 $240,00. The compane on commn common Dan ohe ear tne company520.0stock The company's neh During the year, the company paid dividends of $20,000 on its preferred stock. Th stockhoidors' equity for the year is closest to ? 17% O 23%. ? 25%