Preferred dividends Acura Labs inc, has an outstanding issue of preferred stock with a par value of $40 and an 10% annual dividend a. What is the annual dollar dividend? If it is paid quartedy, how much wil be paid each quarter? b. If the preferred stock is noncumulative and twe board of directors has passed the preferred dividend for the last 4 quarters, how much must be paid to preforred stockholders in the curtent quarter before dividends are paid to common stockhaiders? c. If the preterred stock is cumulative and the board of directors has passed the preferred dividend for the last 4 quartess, how much must be paid to preferred stockhalders in the ourrent quarter belore dividends are paid to common steckholders? a. The ahnual soltar dividend is 4 (Round to the nearest cent.)