Hometown Grocery, Inc. has 41.000 shares of common stock outstanding and 4,000 shares of preferred stock outstanding The common stock is $2 par value, the preferred stock is 10% noncumulative with a $100 par value. On October 15, 2024, the company declares a total dividend payment of $53,000 What is the amount of dividend that will be paid for oach share of common stock? (Round your answer to the nearest cent) A. $8.20 OB. 50.77 OC. $820 00 OD. 50 32