Hagar Ltd. has outstanding 2,500 shares of £100 par, 6% preference shares and 15,000 shares of £10 par value ordinary. The schedule below shows the amount of dividends paid out over the last 4 years.
Instructions
Allocate the dividends to each type of shares under assumptions (a) and (b). Express your answers in per share amounts using the format shown below.

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Assumptions (b) Preference, cumulative, and fully (a) Preference, non-cumulative, and non- participating participating Preference ordinary Preference Ordinary Year Paid- out 2018 £12,000 2019 £26,000 2020 £52,000 2021 £76,000