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Texas Inc. has 6,547 shares of 6%, $100 par value cumulative preferred stock and 82,357 shares of $1 par value common stock outstanding at December

Texas Inc. has 6,547 shares of 6%, $100 par value cumulative preferred stock and 82,357 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock? Oa. $6,547 in total Ob. $4,941 in total Oc. $39,282 in total Od. $60.00 per share

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