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Beagle Corporation has 24,000 shares of $10 par common stock outstanding and 10,500 shares of $100 par, 5.00% cumulative, nonparticipating preferred stock outstanding. Dividends have

Beagle Corporation has 24,000 shares of $10 par common stock outstanding and 10,500 shares of $100 par, 5.00% cumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $310,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively?

$5.00; $6.35

$15.00; $6.35

$5.00; $10.00

None of the above is correct.

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