Complete the following with the details provided. A. Broadhaven Corporation has 20,000 outstanding $0.80, preferred shares with a carrying value of $200,000, and 80,000 common shares, with a carrying value of $800,000. The preferred dividends are cumulative and non-participating. Although dividends have been paid regularly up to Year 3, no dividends were declared in Year 4 or Year 5. On December 31, Year 6, the board of directors wants to distribute $200,000 in dividends. How much will the preferred shareholders receive? B. On December 31, Year 3, Singular Inc. has shares outstanding that include 10,000, $3.00, no par value preferred shares, cumulative and fully participating, with a carrying value of $250,000, and 60,000 no par value common shares with a carrying value of $1,250,000. Dividends were up to date as of December 31, Year 1, but no dividends have been paid since that date. The corporation now wishes to distribute $420,000 in dividends. How much will the preferred shareholders receive?

Complete the following with the details provided. A. Broadhaven Corporation has 20,000 outstanding $0.80, preferred shares with a carrying value of $200,000, and 80,000 cormmon shares, with a carrying value of $800,000. The preferred dividends are cumulative and non-participating. Although dividends have been paid regularly up to Year 3. no dividends were declared in Year 4 or Year 5. On December 31, Year 6, the board of directors wants to distribute 5200, 000 in dividends. How much will the preferred shareholders receive? B. On December 31, Year 3, Singular Inc. has shares outstanding that include 10,000,$3.00, no par value preferred shares, cumulative and fully participating, with a carrying value of $250,000, and 60,000 no par value common shares with a carrying value of $1,250,000. Dividends were up to date as of December 31 , Year 1 , but no dividends have been paid since that date. The corporation now wishes to distribute $420,000 in dividends. How much will the preferred shareholders receive