A corporation has 12,000 shares of 12%, $103.00 par noncumulative preferred stock outstanding and 26,000 shares of no- par common stock outstanding At the end of the current year, the corporation declares a dividend of $220,000. What is the dividend per share for preferred stock and for common stock? (Round your answer to the nearest cent) O A. The dividend per share is 512.36 to preferred stock and $12.36 to common stock. OB. The dividend per share is $12.36 to preferred stock and 530 29 to common stock OC. The dividend per share is $12.36 to preferred stock and 52.76 to common stock OD. The dividend per share is $8.46 to preferred stock and $2.76 to common stock