Wildhorse Transport has the following stock outstanding at December 31, 2022: 5% Cumulative preferred stock, $12.80 Par Common stock, $0.10 Par $42240 O $2112 O $4224 O $1162 O None of the answer choices are correct. 12000 Wildhorse paid no dividends during 2021. During 2022, it declares $13000 of dividends. How much of the $13000 will preferred stockholders receive?

Wildhorse Transport has the following stock outstanding at December 31,2022 : Wiidhorse paid no dividends during 2021. During 2022, it declares $13000 of dividends. How much of the $13000 will preferred stockholders receive? $2112$4224$1162 None of the answer choices are correct. Wildhorse Transport has the following stock outstanding at December 31,2022 : Wildhorse paid no dividends during 2021. During 2022, it declares $13000 of dividends, How much of the $13000 will preferred stockholders receive? $2112$4224$1162 None of the answer choices are correct