Texas Inc. has $10,000$ shares of $6\%,$$$125$ par curmulative preferred stock and $50,000$ shares of $$1$ par common stock outstanding at December $31.$ What is the annua

dividend on the preferred stock?

a$.$ $$75,000$ in total

b$.$ $$10,000$ in total

c$.$ $$60$ per share

d$.$ $$0\mathrm{.}75$ per share