Kuhns Corp. has 210,000 shares of preferred stock outstanding that is cumulative. The dividend is $6.30 per share and has not been paid for 3 years. If Kuhns earned $1.50 million this year, what could be the maximum payment to the preferred stockholders on a per share basis? (Round your answer to 2 decimal places.) $6.04 per share $9.39 per share $714 per share $8.64 per share