1/2 View Policies Current Attemptin Progress (a) Debra OTB Corporation reports the following shareholders' equity as at December 31, 2024: Preferred shares, $5, 534,000 shares authorized, 134,000 shares issued and outstanding $1,876,000 Common shares, unlimited shares authorized, 215,000 shares issued and outstanding 3,010,000 Retained earnings 3,450,000 $8,336,000 Your answer has been saved. See score details after the due date. Assume the board of directors declares dividends totaling $2,178,500 to the shareholders. The preferred shares are cumulative, and no dividends were declared after 2022. Calculate the amount per share each class of shares will receive. (Round answersto 2 decimal places, e.g. 5.75.) Preferred shares Common shares Amount per share $ $ eTextbook eTextbook and Media Assistance Used List of Accounts Attempts: 1 of 1 used 5.98 6.40 Summer 2023 Test#2 23 : 42 Question 24 of 25 ... / 15 2/2 (b) (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Assume the board of directors authorizes a 2-for-1 split on the common shares. Calculate the number of shares outstanding after the split and the average per share amount for both classes of shares. (Round average pershare answersto 2 decimal places, e.g. 5.75.) Number of shares outstanding after the split shares Preferred shares Common shares Average per share amount $ $ eTextbook and Media List of Accounts Save for Later Attempts: 0 of 1 used Submit Answer Summer 2023 Test#2 23 : 42 Question 24 of 25 ... / 15