Redpack Inc. has 100,000 shares of $1 par value common stock issued and outstanding and 20,000 shares of 6% $10 par value preferred stock issued and outstanding. The preferred stock is cumulative and no dividends were paid in the prior two years (2012 and 2013). A total dividend of $50,000 is declared on 11/30/2014. What dividend per share should the common shareholders receive? A) $0.00 per share. B) $0.14 per share. C) $0.38 per share. D) $0.50 per share. E) $0.60 per share.