Vector Corporation has outstanding 3,000 shares of $100 par value, 7% cumulative and nonparticipating preferred stock and 10,000 shares of $10 par value common stock. Dividends have not been paid on the preferred stock for the current and one prior year. The corporation has recently prospered, and the board of directors has voted to pay out $49,000 of corporation's retained earnings in dividends. If the $49,000 is paid out, how much should the preferred and common stockholders receive per share? a. $14.00 per share preferred, $0.70 per share common. b. $ 7.00 per share preferred, $ 2.80 per share common. c. $12.25 per share preferred, $1.23 per share common. d. $1.14 per share preferred, $4.56 per share common e. $16.33 per share preferred, $-0- per share common