Unsure 20 of 24 Which of the following statements is correct regarding preferred shares? O A. They must have a par value. O B. They are never issued without voting privileges. O C. They cannot exist unless there also are common shares. OD. They always provide for a fixed payment to be made to the shareholders even for years when no dividends have been declared. Unsure 21 of 24 At its fiscal year end, December 31, 2021, RisCo had 10,000 $3, non-cumulative preferred shares; 20,000 $2, cumulative preferred shares; and 50,000 common shares issued and outstanding. If dividends are to be declared on December 31, 2021, what is the total dividend on all the preferred shares, considering that dividends have neither been declared in 2019 nor in 2020? O A. $30,000 O B. $70,000 O C. $120,000 OD $150,000 Unsure