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Skysong Inc. has 2 0 0 0 shares of 3 % , $ 1 0 0 par value, cumulative preferred stock and 5 0 0

Skysong Inc. has 2000 shares of 3%, $100 par value, cumulative preferred stock and 50000 shares of $1 par value common stock
outstanding at December 31,2026. What is the annual dividend on the preferred stock?
$15 per share.
$6000 in total.
$0.03 per share.
$300 in total.
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