Cantaloupe Corporation has 10,000 shares of 19%, $70 par cumulative preferred stock outstanding and 39,000 shares of no-par common stock outstanding. Preferred dividends of $25,500 are in arrears. At the end of the current year, the corporation declares a dividend of $196,000. What is the dividend per share for preferred stock and for common stock? (Round your answer to the nearest cent.) O The dividend per share is $15.85 for preferred stock and $0.96 per share for common stock. O The dividend per share is $7.00 for preferred stock and $11.27 per share for common stock. O The dividend per share is $19.60 for preferred stock and $0 per share for common stock. O The dividend per share is $19.60 for preferred stock and $0.96 per share for common stock.