Question 37 (2.5 points) Bavaro's Grocery Stores has $200,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Bavaro's also has $600,000 of common stock outstanding. During its first year, the company paid cash dividends of $30,000. This dividend should be distributed as follows: $12,000 preferred; $18,000 common. $30,000 preferred; $0 common. O $6,000 preferred; $24,000 common. $15,000 preferred; $15,000 common