Sonia Revas owned 500 shares of PIE 596 convertible stock, $55 par value, for which she paid $47 a share. She received a dividend for 1 year. She then converted the preferred stock to 300 shares of common stock valued at $94.50 a share a. What was the cost to Sonia for her preferred stock? b. How much did Sonia receive as a dividend for her preferred stock? c. What was the value of her common stock at the time of conversion? d. If the common stock paid an annual dividend of $5.00 a share, how much more dividend would she receive annually? e. What was Sonia's percent of increase in annual return as a result of conversion to common stock? Round your answer to two decimal places