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Vision Corporation has the following on its financial statement: Preferred Stock 10%, $100 par, cumulative, 13,000 shares authorized 585,000 Common Stock, $3 par, 550,000 shares

Vision Corporation has the following on its financial statement: Preferred Stock 10%, $100 par, cumulative, 13,000 shares authorized 585,000 Common Stock, $3 par, 550,000 shares authorized, 264,000 issued 792,000 Paid-in Capital - Preferred 885,000 Paid-in Capital - Common 2,000,000 Retained earnings 1,000,000 If Vision did not pay a dividend for the last two years, but declared a dividend this year, how much will they have to declare in order for the common stockholders to receive $0.6 per share. Some other amount $216,900 $275,400 $333,900

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