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Debra OTB Corporation reports the following shareholders' equity as at December 31, 2024: Preferred shares, $5, 534,000 shares authorized, 134,000 shares issued and outstanding $1,876,000
Debra OTB Corporation reports the following shareholders' equity as at December 31, 2024: Preferred shares, $5, 534,000 shares authorized, 134,000 shares issued and outstanding $1,876,000 Common shares, unlimited shares authorized, 215,000 shares issued and outstanding 3,010,000 Retained earnings 3,450,000 $8,336,000 Assume the board of directors declares dividends totaling $2,178,500 to the shareholders. The preferred shares are cumulative, and no dividends were declared after 2022. Calculate the amount per share each class of shares will receive. (Round answersto 2 decimal places, e.g. 5.75.) Preferred shares Common shares Amount per share $ $ eTextbook and Media List of Accounts Save for Later Attempts: 0 of 1 used Subm
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