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Calculate the cash dividends required to be paid for each of the following preferred stock issues: Required: a. The semiannual dividend on 7% cumulative preferred, $60 par value, 13,600 shares authorized, issued, and outstanding. b. The annual dividend on $1.75 cumulative preferred, 60,000 shares authorized, 36,000 shares issued, 31,800 shares outstanding. Last year's dividend has not been paid. c. The quarterly dividend on 10.0% cumulative preferred, $90 stated value, $108 liquidating value, 36,000 shares authorized, 31,200 shares issued and outstanding. No dividends are in arrears. a Semi-annual dividend b. Cumulative dividend c. Quarterly dividend