5.83/10 I The outstanding share capital of Flint Corporation consists of 3.190 preferred shares and 8,700 common shares for which $261,000 was received. The preferred shares carry a dividend of $7 per share and have a $100 stated value (a) Your answer is correct. Assuming that the company has retained earnings of $101.600 that is to be entirely paid out in dividends and that d dividends were not paid during the 2 years preceding the current year, state how much each class of shares should preferred shares are non-cumulative and non-participating (b) Dividends eTextbook and Media Preferred 22330 Common Tatal 7679 Attempts und