Electric nc. was incorporated on January 1 2016. Electric issued 6,000 shares o common stock and 1 200 shares o preferred stock on that date. The preferred stock is cumulative, $100.00 par ith an 10% dividend rate. Electric has not paid any dividends yet. In 2019, Electric had its first profitable year, and on November 1, 2019, Electric declared a total dividend of $66,000. What is the total amount that will be paid to preferred shareholders? A. $48,000 OB. $11,000 O C. $66,000 O D. $12,000 Scotland Corporation had net income for 2018 of $80,000. Scotland had 13,000 shares of common stock outstanding at the beginning of the year and 24,000 shares of common stock outstanding at the end of the year. places.) There were 12,000 shares of preferred stock outstanding all year. During 2018, Scotland declared and paid preferred dividends of S21,000. What is Scotand's earnings per share? (Round the answer to two decimal O A. $2.46 O B. $3.19 . $432 O D. $3.33