1. Assume Deitrick Co. as the following capital structure: CS (S?Jan, 1,500,000 outstanding) 890 PS ($100 par, 10,000 outstanding) $1,500,000 1,500,000 1,000,000 500,000 5,000,000 Retained earnings PS is cumulative and fully participating. No dividends are paid in 2kA or 2kB. If, in 2kC, the board of directors wishes to declare a $0.10 per share dividend on common, what total amount of cash is required? [Check figure: $410,000.]