Kuhns Corporation has $220,000$ shares of preferred stock outstanding that is cumulative and $100,000$ common stock outstanding. The preferred dividend is $$7\mathrm{.}40$ per share and has not been paid for $3$ years. If Kuhns earned $$2\mathrm{.}10$ million this year, what could be the maximum payment to the preferred stockholders on a per share basis?

Note: Round your answer to $2$ decimal places.

Multiple Choice

$$11\mathrm{.}05$ per share

$$9\mathrm{.}55$ per share

$$8\mathrm{.}45$ per share

$$11\mathrm{.}80$ per share