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Help Save&Exit Submi Check my work Ozark Distributing Company is primarily engaged in the wholesale distribution of consumer products in the Ozark Mountain regions. The following disclosure note appeared in the company's 2018 annual report Note 5. Convertible Preferred Stock (in part) The Company has the following Convertible Preferred Stock outstanding as of September 2018 Optionally redeenable beginning Par value (gross proceeds) Number of shares: June 17, 2015 une 18, 2017 1,500,000 so,000 Liquidation preference per share Conversion price per shares Wunber of common shares in whieh to be converted Dividend rater 30.6 6.615 The Preferred Stock is convertible at any time by the holders into a number of shares of Ozark's common stock equal to the number of preferred shares being converted times a fraction equal to $25 divided by the conversion price. The conversion prices for the Preferred Stock are subject to customary adjustments in the event of stock spits, stock dividends and certain other distributions on the Common Stock. Cumulative dividends for the Preferred Stock are payable in arrears, when, as and if declared by the Board of Directors, on March 31, June 30, September 30, and December 31 of each year The Preferred Stock is optionally redeemable by the Company beginning on various dates, as listed above, at redemption prices equa to 112% of the liquidation preference. The redemption prices decrease 2% annually thereafter until the redemption price equals the liquidation preference after which date it remains the liquidation preference Required: 1. What amount of dividends is paid annually to a preferred sharehoilder owning 200 shares of the Series A preferred stock? commandoption