Carla Vista, Inc. has $500,000, $0.50, no par value preferred shares (50,000 shares) and $1,000,000 of no par value common shares outstanding (80,000 shares). No dividends were paid or declared during 2018 and 2019. The company wants to distribute $323,000 in dividends on December 31, 2020.

Calculate the amount of dividends to be paid to each group of shareholders (i.e. preferred and common), assuming the preferred shares are non-cumulative and non-participating.

		Preferred		Common
Total dividends		$		$

Calculate the amount of dividends to be paid to each group of shareholders (i.e. preferred and common), assuming the preferred shares are cumulative and non-participating.

		Preferred		Common
Total dividends		$		$

Calculate the amount of dividends to be paid to each group of shareholders (i.e. preferred and common), assuming the preferred shares are cumulative and fully participating. (Round intermediate percentage calculations to 2 decimal places, e.g. 15.25% and final answers to 0 decimal places, e.g. 1,225.)

		Preferred		Common
Total dividends		$		$