. Required: did not pay divi T Calculate the amount of dividends that wou before a cash dividend could be paid to the common stockholu 3 Exercise 8.14 LO 2 Preferred stock-calculate dividend amounts Dedrick, Inc., did not dends in 2015 or 2016, even though 70,000 shares of its 8.5%, $50 par value cum tive preferred stock were outstanding during those years. The company has 5000 shares of $2 par value common stock outstanding. Required: a. Calculate the annual dividend per share obligation on the preferred stock. b. Calculate the amount that would be received by an investor who has owned 1,400 shares of preferred stock and 16,000 shares of common stock since 2014 if a $0.60 per share dividend on the common stock is paid at the end of 2017. idaraanlar quarterly