Penge and Purley plc have in issue at 31 December 2012: XXXXXXXXXXordinary shares of 50p each XXXXXXXXXX% preference shares of £1 each, issued on 1 July 2012. Derek owns 3250 ordinary shares in the...

138 000 ordinary shares of 50p each

40 000 8% preference shares of £1 each, issued on 1 July 2012.

Derek owns 3250 ordinary shares in the company, and 1000 of the £1 preference shares. An interim dividend of 2.7p per ordinary share was paid, and a final dividend of 3.7p per ordinary share was also paid, as was the preference dividend.

What was Derek’s total dividend from the company for the year ending 31 December 2012?

a) £184

b) £288

c) £144

d) £248.