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Bye Corporation issued 161,000,54,50 cumulative preferred shares to fund its first investment in wind generators. In its first year of operabons, it pald $483,000 of

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Bye Corporation issued 161,000,54,50 cumulative preferred shares to fund its first investment in wind generators. In its first year of operabons, it pald $483,000 of dividenkls to its preterred shareholders: In its second year, the conpany paid dividends of $966,000 to its preferred sharehoiders. What is the total annual preferred dlvidend supposed to be for the preferred shareholders? Preterred dividends 5 +2 Yearis Vear 25 Calculate any dividends in arrears in years 1 and 2. (Do not leove ary anwer field blank. Enter 0 for amounts) Year 15 Year 2 \$ If the preferred shares were noncumulative father than cumulative. What diklend would the company likely have pald its preferned shareholders in year.2? (Enter dividend per share to 2 decimal ploces, es. 15.25) The likely amount is 5 per share. foratotal ofs

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