Ozark Distributing Company is primarlly engaged in the wholesale distribution of consumer products in the Ozark Mountain reglons.

The following disclosure note appeared In the company's $2024$ annual report:

Note $5.$ Convertible Preferred Stock $($In part$)$:

The Company has the following Convertible Preferred Stock outstanding as of September $2024$:

Date of issuance:

optionally redeemable beginning:

Par value $($gross proceeds$)$:

Number of shares:

Liquidation preference per share:

conversion price per share:

Number of common shares in which to be converted:

Dividend rate:

June $17,2021$

June $18,2823$

$$5,500,000$

$220,000$

$$25$

$$32\mathrm{.}66$

$168,401$

$6\mathrm{.}848\%$

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 belng 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 splits, 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 varlous dates, as IIsted above, at redemption prices equal

to $120\%$ of the IIquidation preference. The redemption prices decrease $1\%$ annually thereafter untll the redemption price equals the

IIquidation preference, after which date it remains the IIquidation preference.

Required:

What amount of dividends is pald annually to a preferred shareholder owning $250$ shares of the Serles A preferred stock?

If dividends are not paid In $2025$ and $2026,$ but are paid In $2027,$ what amount of dividends will the shareholder recelve?

If the Investor chooses to convert the shares in $2025,$ how many shares of common stock will the Investor recelve for thelr $250$

shares?

If Ozark chooses to redeem the shares on June $18,2025,$ what amount will the Investor be pald for thelr $250$ shares?

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

If Ozark chooses to redeem the shares on June $18,2025,$ what amount will the investor be paid for their $250$ shares?

Note: Round "Per Share Amounts" to $2$ decimal places except percentage values.