Question 41 (2.5 points) Reagan, Inc. has outstanding 20,000 shares of $40 par value, 6% nonparticipating, cumulative preferred stock, and 30,000 shares of $20 par value common stock. If the dividend on preferred stock is two years in arrears, and the total cash dividend declared this year is $414,000, the total amounts distributed to preferred and common stockholders are, respectively: $144,000 and 270,000 $288,000 and $126,000 $96,000 and $318,000 $48,000 and $366,000