Written, Inc. has outstanding 300,000 shares of €2 par ordinary shares and 60,000 shares of no- par 8% preference shares with a stated value of €5. The preference shares are cumulative and nonparticipating. Dividends have been paid in every year except the past two years and the current year. *135. Assuming that €150,000 will be distributed as a dividend in the current year, how much will the ordinary shareholders receive? a. Zero. b. €78,000. c. €102,000. d. €126,000.