Question 16 0.5 pts Cantaloupe Corporation has 16,000 shares of 14%, $70 par cumulative preferred stock outstanding and 28,000 shares of no-par common stock outstanding. Preferred dividends of $26,000 are in arrears. At the end of the current year, the corporation declares a dividend of $238,000. What is the dividend per share for preferred stock and for common stock? (Round your answer to the nearest cent.) The dividend per share is $14.88 for preferred stock and $0 per share for common stock. The dividend per share is $14.88 for preferred stock and $1.97 per share for common stock. The dividend per share is $7.00 for preferred stock and $8.56 per share for common stock. The dividend per share is $11.43 for preferred stock and $1.97 per share for common stock