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2 B Year E. MacGill Inc. paid out cash dividends at the end of each year as follows: Dividends 2018 $525,000 . 2019 2020

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2 B Year E. MacGill Inc. paid out cash dividends at the end of each year as follows: Dividends 2018 $525,000 . 2019 2020 $600,000 $750,000 Required A. Assume that MacGill had issued 100,000 common shares and 25,000, 10%, non-cumulative preferred shares with a share capital of 53.3 How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares (Marks 6) Sheet1 Sheet2 Sheet3 New Year 2018 Prefered Shared Common Shares Total

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