E. MacGill Inc. paid out cash dividends at the end of each year as follows: Year Dividends 2018 $540,000 2019 $569,000 2020 $720,000 Assume that MacGill had issued 102,000 common shares and 23,000, 9%, non-cumulative preferred shares with a share capital of $1,380,000. How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares? Year 2018 2019 2020 Preferred eTextbook and Media Common $ $ Total Assume that MacGill had issued 54,000 common shares with share capital of $5,940,000, and 18,000, 8% cumulative, preferred shares that were two years in arrears as at January 1, 2018, with a share capital of $2,250,000. How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares? Year 2018 2019 2020 Preferred eTextbook and Media 1 $ Common $ $ Total