Exercise 2: Norton Corporation has the following shareholders equity on September 30, 2014: [ 4 A] Shareholders' equity Share capital $10 preferred shares, cumulative 10,000 shares authorized, 5,000 shares issued $5,000,000 Common shares 200,000 shares authorized, 10,000 shares issued 200.000 Total share capital 5.200.000 Retained earnings 570.000 Total shareholders' equity $5.770.000 On September 15, 2014, Norton Corporation declared a $170,000 dividend to be paid on October 15 to shareholders of record on September 30. a) Assuming that the preferred dividends have not been paid since 2011, the amount of dividends per common share for 2014 would be b) Assuming that the preferred dividends have not been paid since 2011, the total amount of the dividend paid to the preferred shareholders in 2014 would be C) Assuming there were no dividends in arrears, the total amount of the dividend paid to the preferred shareholders in 2014 would be