E 11-1A. Dividend Distribution
Lakeside Company has the following shares outstanding: 20,000 shares of $50 par value, six percent cumulative preferred stock and 80,000 shares of $10 par value common stock. The company declared cash dividends amounting to $160,000.
a. If no dividends in arrears on the preferred stock exist, how much in total dividends, and in dividends per share, is paid to each class of stock?
b. If one year of dividends in arrears exist on the preferred stock, how much in total dividends, and in dividends per share, is paid to each class of stock?
a.	Preferred Shares			Total Dividend
	x Par value			- Total Preferred Dividend
	x Dividend %			Total Common Dividend
	Total Preferred Dividend			Dividend per share
	Dividend per share
b.	Preferred Shares			Total Dividend
	x Par value			- Total Preferred Dividend
	x Dividend %			Total Common Dividend
	Current Preferred Dividend			Dividend per share
	Dividends in Arrears
	Total Preferred Dividend
	Dividend per share
	that is all the question gives me