Which one is it please A- $0 preferred; $30,000 common B- $6,000 preferred; $24,000 common C- $15,000 preferred; $15,000 common D- $12,000 preferred; $18,000 common E- $30,000 preferred; $0 common

Gracey's Department Stores has $200,000 of 6% noncumulative, preferred stock outstanding. Gracey'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: Multiple Choice