Below the stockholders equity section of the company Johns Garden, Ltd at 1st of January 2021 John's Garden, Ltd. Stockholders Equity 1st of January 2021

Common stock 100,000 shares authorized $2 par value 80.000

Retained earnings 50.000

Total stockholders equity 130.000

On February 1st the company issued 1,000 preferred stocks at par, being the par value $1,000 per stock and the dividend rate 10% The company presented the following forecast of net income for the 3 upcoming years: Year Net income 2021 :10.000

Year 2022: 100.000

Year 2023: 190.000

Please answer the 4 questions below explaining your calculations

1. Relying on the forecast above, what is the amount of preferred stock dividends to be paid at 31 December 2021, 2022, and 2023 considering that the preferred stock dividends are cumulative

2. Relying on the forecast above, what is the maximum dividend per share of common stock at 31 December 2021, 2022, and 2023 considering that the preferred stock dividends are cumulative

3. Relying on the forecast above, what is the amount of preferred stock dividends to be paid at 31 December 2021, 2022, and 2023 considering that the preferred stock dividends are non-cumulative

4. Relying on the forecast above, what is the maximum dividend per share of common stock at 31 December 2021, 2022, and 2023 considering that the preferred stock dividends are non-cumulative