Dividend Distribution XYZ Limited, since it was organized in January 2019, has had outstanding 1,500, ten dollar ($10), preferred shares, and 20,000 common shares. The corporation declared and paid cash dividends each year as shown below. Part A: Calculate the total dividends paid in each year to the preferred and common shareholders assuming the preferred shares are NON CUMULATIVE NOTE: If dividends are not paid, do not leave the cell blank, enter a "0" Year Total Dividends Declared and Paid Preferred Dividends (enter amount in 5) Common Dividends (enter amount in $) 2019 $10,000 2020 $16,000 2021 $60,000 do not enter "S" signs Part B: Calculate the total dividends paid in each year to the preferred and common shareholders assuming the preferred shares are CUMULATIVE NOTE: If dividends are not paid do not leave the cell blank, enter a "O". Year Total Dividends Declared and Paid Preferred Dividends (enter amount in ) Common Dividends (enter amount in $) 2019 $10,000 16 1:21 MENG 2020 $16,000 2021 $60,000 *do not enter "$" signs Part B: Calculate the total dividends paid in each year to the preferred and common shareholders assuming the preferred shares are CUMULATIVE NOTE: If dividends are not paid, do not leave the cell blank, enter a "0" Year Total Dividends Declared and Paid Preferred Dividends (enter amount in $) Common Dividends (enter amount in $) 2019 $10,000 2020 $16,000 2021 $60,000 *do not enter "$" signs Next