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Universe Corporation has 240,000 shares of $5 par value common stock and 3,000 shares of cumulative 6%, $100 par preferred stock outstanding

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Universe Corporation has 240,000 shares of $5 par value common stock and 3,000 shares of cumulative 6%, $100 par preferred stock outstanding. If Universe 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 $.45 per share. Select one: O a. $144,000 b. $126,000 O c. $ 108,000 O d. $162,000