ABC Company began operations on January 1, 2023 by issuing 5,000 shares of 8%,520 par value cumulative preferred stock for $50 per share and issuing 10,000 shares of $2 par value common stock for $16 per share. During its first three years of operations, ABC Company paid total dividends as follows: In 2026, ABC Company 'would like to pay the comon stockholders a dividend of 53 per share. Calculate the total dividend that ABC Company must pay in 2026 in order to be able to pay the common stockholders a $3 per share dividend