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.

Cash Dividends Distributed by Year Number of Shares $400,000 $350,000 Preferred Stock $300,000 $250,000 Common Stock $200,000 $150,000 Preferred Stock Dividend Rate $100,000 6% Preferred Stock Par Value Per Share $50,000 $0.01 Common Stock $0 $20.00 Preferred Stock Year 4 Year 1 Year 2 Year 3 Common Stock Share Price $25 $20 $15 $10 $5 $0 Year 1 Year 3 Year 2 Year 4 1. Assume that preferred stock is cumulative and compute the amount of cash dividends paid in each of Years 1, 2, 3, and 4 for each of the two classes of shareholders. Also calculate the total cash dividends paid out to each class for Years 1, 2, 3, and 4 combined. 2. How should dividends in arrears be reported on Adita's financial statements? Complete this question by entering your answers in the tabs below. Required 2 Required 1 Assume that preferred stock is cumulative and compute the amount of cash dividends paid in each of Years 1, 2, 3, and 4 for each of the two classes of shareholders. Also calculate the total cash dividends paid out to each class for Years 1, 2, 3, and 4 combined. (Round your "Dividend per Preferred Share" answer to 1 decimal place.) Dividend per Preferred Share Par Value per Preferred Share Number of Preferred Dividend Dividend Rate Preferred Shares 70,000 Annual Preferred Dividend: $ 20.00 6.0% 1.2 Dividends in Paid to Total Cash Paid to Arrears at Dividend Paid Preferred Common year-end $ Year 1 25,000 25,000 30,000 Year 2 30,000 Year 3 210,000 Year 4 360,000 55,000 $ 625,000 0 Totals Required 2 Required 1