Question 29 (7 points) 29. USE THE FOLLOWING FOR QUESTIONS 29 and 30: Mason Company is to distribute a total of $75,000 as cash dividends. It has 200,000 common shares (par value $1.50 per share) and 50,000 4% preferred shares (par value $4 per share). The preferred stock is cumulative and fully participating and Mason did not pay dividends on the preferred stock in the preceding three years. How much would Mason distribute in dividends to common stockholders? O A. $75,000 OB. $30,600 OC. $12,000 OD. $45,000 Question 30 (7 points) 30. How much would Mason distribute in dividends to preferred stockholders? O A. $30,000 OB. $75,000 OC. $32,000 OD. $44,400