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Beagle Corporation has 24,000 shares of $10 par common stock outstanding and 13,500 shares of $100 par, 6.50% cumulative, nonparticipating preferred stock outstanding. Dividends have

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Beagle Corporation has 24,000 shares of $10 par common stock outstanding and 13,500 shares of $100 par, 6.50% cumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $370,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively? Multiple Choice $19.50; $4.45. $6.50; $13.00. None of these answer choices are correct. $6.50, $4.45

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