A corporation has 70,000 shares of 6% preferred stock outstanding. Also, there are 70,000 shares of common stock outstanding. Par value for each is $100. If a $700,000 dividend is paid, what is the amount of dividends per share on common stock? O A. $10.00 O B. $4.00 O C. $0.42 O D. $6.42 O E. None of these