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can someone explain how to obtain the case b solutions please X A14-11 Dividends: In 20X3, Snowboard Ltd. had the follow board Ltd. had the

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X A14-11 Dividends: In 20X3, Snowboard Ltd. had the follow board Ltd. had the following share capital outstanding: ferred shares, no-par value: $12 te: $1.20 dividend: authorized, unlimited shares; issued, 100,000 sha $1,250,000 non shares, no-par value; authorized, unlimited shares, issued, Common shares 642,000 480,000 shares dends were declared in 20X1 or 20x2.hu of 20X2, but $1.000 4, but $1,000,000 of dividends were declared in 20X3. No dividends were de Required: she amount of dividends that would be paid in 20x3 to each share class under th Calculate the amount of cases: paid in 20X3 to each share class under the following separate Case A Case B R Preferred s Preferred s Preferred shares are cumulative and nonparticipating. Preferred shares are cumulative and participating with common shares after the common receive a $1 per share dividend. Participation is based on relative annual total base dividends. Allocation PSA egato PSG of questions Assignment 14-11e1 000 OSCE Isias boludio 000. 0 E 000,100,SI Case A - Preferred cumulative, non-participating; mognaroxo basi 3- Note; full dividend for preferred shares is is $1.20 x 100,000 = $120,000 no preferred shares is is $1.20 x 100.000 = $120.000 Tip oblodtod in Year tnpe Total Paid Preferred Common wording 1 9207 ( 20x3 allocation: 35 yupo VIISO 90db on Ano yung om b s10997 brobivib 5012 Arrears...00.00 3) of 000,00 moil 29269190 $240.000- solo 19 de 90 Current .............. 120,000 000,800,1 Remainder ..... $640,000 Total... ................... $1,000,000 360.000 S640,000 Tomoy bns 29259105b agnitas bomini919 til 19 TIZIE Dorot brobivib 25012 Case B - Preferred cumulative, participating: 112 x 2005 x 000,00 E) yd 2525910 i 25162 000. ST.012=000.520.82 +000.250.52 Year Total Paid AC, E Preferred 82 - Common 2 E 926 (E) Motion stoni 2516rl to todmurt ordud toogos yliopo yris od 9gredo on stilge 2012 Arrears....... $240,000 1 = (Ex000,00E) o) Current ...... 120,000 Matching ....... $480,000 Remainder $160,000 x 20%; 80% ..... 32,000 $128,000 Total. .........$1,000,000 $392,000 $608,000 ($1.000.000 - $360,000 - $480,000 = 160.000 Portions: $120,000/($120,000+$480,000) = 20% and $480,000/S600 000 - Assignment 14-18

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