8 points Vegas Corporation had the following shares outstanding when the board of directors declared a 595,000 cash dividend: 53. Preferred shares, 7.000 shares issued and outstanding Common shares. 50,000 shares issued and outstanding Total $250.000 500.000 $750,000 Allocate the dividend between the preferred and common shareholders assuming the preferred shares are cumulative and are one year in arrears. In the prior year there was 6,000 preferred shares outstanding. Your answer should indicate the total amount of dividends allocated to each type of shareholder. (8 Points) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B TV5 Paragraph Arial 14px Av