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A4 Huang Corp. declared $50,000 in dividends in 2019. Share capital consists of 20,000 common shares and 8,000, $2 preferred shares. Dividends for preferred shares

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A4 Huang Corp. declared $50,000 in dividends in 2019. Share capital consists of 20,000 common shares and 8,000, $2 preferred shares. Dividends for preferred shares were last paid in 2017. Determine the dividends to be paid on preferred shares and common shares assuming: a. the preferred shares are cumulative. Preferred Shares Common Shares b. the preferred shares are non-cumulative. Preferred Shares Common Shares

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