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Texas Inc, has 4,350 shares of 5%,$100 par cumulative preferred stock and 82,791 shares of $1 par common stock' outstanding at December 31 . What

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Texas Inc, has 4,350 shares of 5%,$100 par cumulative preferred stock and 82,791 shares of $1 par common stock' outstanding at December 31 . What is the annual dividend on the preferred stock? a. $4,140 in total b. $21,750 in total c. $2.18 per share d. $50.00 pet share

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