2 10 points The outstanding share capital of Sheng Inc. includes 49,000 shares of $9.60 cumulative preferred and 84,000 common shares, all issued during the first year of operations. During its first four years of operations, the corporation declared and paid the following amounts in dividends: Total Dividends Year Declared 2021 $ 0 eBook 2022 498,000 2023 References 2024 1,028,000 498,000 Required: Determine the total dividends paid in each year to each class of shareholders. Also determine the total dividends paid to each class over the four years. Total Dividends 2021 2022 2023 2024 Total Preferred $ 0 $ 470,400 $ 470,400 Common $ 0 $ 27,600 $ 27,600 Total 0 $ 0 $ 0 $ 498,000