Question 7 2 pts Willy Co's issuance of 100,000 shares in 20x3 at $10 each, it's $5 par, 10% cumulative preferred stock. What is the dividend preference on the preferred stock? U Question 8 2 pts Willy Co's issuance of 100,000 shares in 20x3 at $10 each, it's $5 par, 10% cumulative preferred stock. How much of a dividend would preferred stockholders get to keep in 20x3 if there were no dividends in arrears and Willy's Co paid $40,000 in dividends? $ $20,000 O $25,000 $40,000