As head of Adita Inc., potential investors are asking questions about the companys dividend payment history. The investors are also curious how dividend payments differed for common and preferred shareholders. To help answer their questions, the following Tableau Dashboard is provided.

1a. Assume that preferred shares is noncumulative and calculate total dividends paid out to each class of shareholders for each of Years 1, 2, 3, and 4 and the years combined. 1b. Assume that preferred shares is cumulative and calculate total dividends paid out to each class of shareholders for each of Years 1, 2, 3, and 4 and the years combined. 1c. Would potential investors favor noncumulative or cumulative preferred shares assuming they were priced the same? 2. If Adita wanted to attract more investors to its preferred shares, which of the following features should it add? 3. Why might Adita want to issue preferred shares instead of common shares? 4. Why might an investor prefer Aditas preferred shares over its common shares?