Win, Inc. has 10,000 shares of 7%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2012. If the board of directors declares a $60,000 dividend, the... choices : a) preferred shareholders will receive $30,000 and the common shareholders will receive $30,000. b) preferred shareholders will receive 1/10th of what the common shareholders will receive. c) $60,000 will be held as restricted retained earnings and paid out at some future date. d) preferred shareholders will receive the entire $60,000