Table 13-2 Falcon Corporation Has 12,000 Shares of $5, Noncumulative Preferred Shares

Table 13-2
Falcon Corporation has 12,000 shares of $5, noncumulative preferred shares outstanding and 16,000 common shares outstanding. At the end of the current year, Falcon Corporation declares a dividend of $120,000.
-Refer to Table 13-2.What is the dividend per share to preferred and common shareholders?

A) $5.00 to preferred, $3.75 to common
B) $3.75 to preferred, $5.00 to common
C) $6.67 to preferred, $1.50 to common
D) $1.00 to preferred, $6.75 to common