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Suppose Company ABC has the following structure of shares and dilutive securities at the end of a fiscal year: - Weighted average Common shares outstanding: 600,000 - Convertible preferred shares: 10,000 , convertible into 2 shares of common stock each and paying dividend of $15 per share - Convertible Debt: $60,000 of 8% bonds convertible into 6,000 shares - Stock Options outstanding at the beginning of the year: 30,000 with the exercise price of $40 (Average market price of company shares during the year was $53 per share) - Net Income before preferred dividend =$3,000,000, tax rate 40%. 1- What is the amount of preferred stock dividends to be paid by the company at the end of the year? 2. What is the after-tax cost of interest? 3- What are the additional shares issued if options exercised