Business, 19.11.2019 00:31 jessec27019

As of december 15, year 4, aviator had dividends in arrears of $200,000 on its cumulative preferred stock. dividends for year 4 of $100,000 have not yet been declared. the board of directors plans to declare cash dividends on its preferred and common stock on january 16, year 5. aviator paid an annual bonus to its ceo based on the company's annual profits. the bonus for year 4 was $50,000, and it will be paid on february 10, year 5. what amount should aviator report as current liabilities on its balance sheet at december 31, year 4? a. $350,000b. $50,000c. $200,000d. $150,000

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