Help Save & Exit Sub Dog and Cat Corporation has 10,000 shares of $1 par common stock outstanding and 10,000 shares of $50 bar, 3% cumulative, nonparticipating preferred stock outstanding. Dividends were not paid in the past two years. This year a $75,000 dividend will be paid. How much will the preferred and common shareholders receive (per share), respectively? Multiple Choice $4.5: $1.50. $4.5; $3.00. $1.5, $3.00. $4.5, S1.50. S4.5; $3.00. $1.5: $3.00. None of these answer choices are correct