Kuhns Corp. has 170,000 shares of preferred stock outstanding that is cumulative. The dividend is $7.10 per share and has not been paid for 3 years. If Kuhns earned $1.30 million this year, what could be the maximum payment to the preferred stockholders on a per share basis?

	$7.65 per share
	$6.55 per share
	$9.90 per share
	$9.15 per share