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please answer fast! thank you. Ultimate Sportswear has $150,000...

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Accounting

please answer fast! thank you.
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Ultimate Sportswear has $150,000 of 8% noncumulative, nonparticipating preferred stock outstanding. Ultimate Sportswear also has $550,000 of common stock outstanding. In the company's first year of operation, no dividends were paid. During the second year, the company paid cash dividends of $35,000. This dividend should be distributed as follows: Multiple Choice $8,750 preferred: $26,250 common SO preferred: $35,000 common $12.000 preferred: $23.000 common C) $19.000 preferred: $16.000 common Multiple Choice $8,750 preferred; $26,250 common. o $0 preferred; $35,000 common. o $12,000 preferred; $23,000 mmn. o $19,000 preferred; $16,000 mmn. o S17,500 preferred; $17,500 mmn

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