P7-3 (similar to) Question Help how many dollars of preferred dividends per share must be paid to preferred stockholders before Preferred dividends in each case in the following table, common stock dividends are paid? The amount of preferred dividends that must be paid in Case A before common dividends are paid is $ . (Round to the nearest cent.) Case B Type Cumulative Noncumulative Noncumulative Cumulative Cumulative Par value $70 $80 $120 $110 $150 Dividend per Periods of share per period dividends passed $5.25 4 4.0% 5 $2.40 1 6.0% 6 5.0% 0 D E