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PLEASE AHOW ANSWER Texas Inc. has 6,940 shares of 6%, $100 par value cumulative preferred stock and 99,536 shares of $1 par value common stock

PLEASE AHOW ANSWER
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Texas Inc. has 6,940 shares of 6%, $100 par value cumulative preferred stock and 99,536 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock? a $611.00 per she b. 55.922 in total c. 54.0 info d. 541.660 il

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