please answer and give a detailed explanation

A corporation has 10,000 shares of 8% preferred stock outstanding Also, there are 10,000 shares of common stock outstanding. Par value for each s$100 if a $775,000 dividend is paid, what is the amount of dividends per share on common stock? O A. $69.50 O B. $72.50 O c. $77.50 O D. $62.00 0 E. None of these