Patch Garden plans to distribute $150 000 in dividends. It has 20,000 7 per cent preferred share (cumulative) originally issued at $10 and 60 000 ordinary shares. How much will be distributed per share on preferred and ordinary shares?

Preferred shares $1.68; Ordinary shares $1.68

Preferred shares $3.35; Ordinary shares $1.12

Preferred shares $0.70; Ordinary shares $2

Preferred shares $0.70; Ordinary shares $2.26