Carrington Aero Manufacturing Corporation has 5,250 shares of cumulative, 8.5%,$50 par value preferred stock, and 18,000 shares of common stock with a par value of $2.00 per share. Last year the company failed to pay Preferred Stock dividend, but the board of directors would like to pay the year in arrears and the current year. The board has determined a total of $75,000 cash dividend will be paid this year to preferred and common stockholders. A) Calculate the total amount to be paid to: (1) preferred and (2) common stockholders. (round to two decimal places) B) Calculate the dividend per share for: (1) preferred and (2) common stockholders. (round to two decimal places) Edit View Insert Format Tools Table 12pt Paragraph B IAQT2