8 of 12 (2 complete) Answer the following questions about Federer Express Corp's dividends (Click the icon to view the shareholders' equity of the corporation) Required 1. How much in dividends must Federer Express declare each year before the common shareholders receive cash dividends for the year? 2. Suppose Federer Express declares cash dividends of $24,000 for 2020 How much of the dividends go to prefened shareholders? How much goes to common share 3. Are Federer Express's preferred shares cumulative at noncumulative? How can you tell? 4. Suppose Federer Express did not pay the preferred dividend in 2018 and 2019. In 2020. Federer Express declares cash dividends of $40,000 How much of the divid Requirement 1. How much in dividends must Federer Express declate each year before the common shareholders receive cash dividends for the year? The amount of dividends Federer Express must declare each year before the common shareholders receive cash dividends for the year is 5 Requirement 2. Suppose Federer Express declares cash dividends of 524 000 for 2020 How much of the dividends go to preferred shareholders How much goes to com Preferred shareholders receives Common shareholders receives Requirement 3. Are Federer Express preferred shares cumulative or noncumulative? How can you tell? Federer Express Corp's preferred shares are because they are V designated as Requitement 4. Suppose Federer Express did not pay the preferred dividend in 2018 and 2019. In 2020, Federue Express declares cash dividends of $40,000. How much in Piebetred gets Camion gets s En der Express Corp dividonds olders' equity of the corporation) er Express declare each year before the common shareholders receive cash dividends for the year cash dividends of 24000 for 2020 How much of the dividends go to presented shareholders? How much goes to common shareholders? ales cumulative or no cumulative? How can you tell? ay the preferred divided in 2015 and 2019 in 2020. Federer Express dedames cash dividends of 540 000 How much of the video go to preferred shar How much to contar must Federer Express dedare each year before the common shareholders receive cash dividends for the year? must declare each year before the common shareholders receive cash didends for the years as dedates cash dividends of 524 000 for 2020 How much of the dividends go to preferred shareholders? How much goes to common shareholders? cerned shares cumulation of muncumulative Huw can you all re because they are designated as es did not pay the preferred dividend in 2015 and 2019. In 2020 Federer Express declares cash dividends of $40.000 How much of the dividends yo la pas? How much este como Shareholders' equity ammon she much of the -X m you tell In 2020 efore the Federer Express Corp. Balance Sheet (Partial) December 31, 2020 on shareh 020. How Shareholders' Equity Contributed capital Preferred shares, $5.00, 10,000 shares authorized, 3,500 shares issued and outstanding Common shares, 100,000 shares authorized, $ 94.000 E? How do 143,000 30,000 shares issued and outstanding Total contributed capital and 20 287.000 664,000 Retained earnings Total shareholders' equity $ 901000 Done