Vision Corporation Has the Following Information on Its Financial Statement

Vision Corporation has the following information on its financial statement:
$\begin{array}{lr}\text { Preference share } 6 \%, \$ 100 \text { par, non-cumulative, } 10,000 \text { shares authorized } & \$ 450,000 \\\text { Ordinary shares, } \$ 3 \text { par, } 500,000 \text { shares authorized, } 240,000 \text { issued } & 720,000 \\\text { Share premium: preference shares } & 750,000 \\\text { Share premium: ordinary shares } & 3,000,000 \\\text { Retained earnings } & 1,1192,500\end{array}$


-Refer to the above data. If Vision paid a total of $55,800 in dividends, how much would each ordinary shareholder receive for each share of share owned?

A) $.12
B) $.24
C) $.06
D) Some other amount