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Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Sharecapital: Preferred shares, $ cumulative dividend, 156,000 shares issued and outstanding Sharecapital:

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Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Sharecapital: Preferred shares, $ cumulative dividend, 156,000 shares issued and outstanding Sharecapital: Common shares, 764,000 issued and outstanding $15,600,000 30,560,000 Retained earnings 25,380,000 No dividends were declared in 2018 or 2019; however, in 2020, cash dividends of $4,718,000 were declared. Calculate how much would be paid to each class of shares. Preferred Common Total $ 2018 arrears 2019 arrears 2020 A $ eTextbook and Media Assuming that the number of common shares remained constant throughout 2020, what was thecash dividend per share distributed to thecommon shareholders? (Round answer to 2 decimal places, e.g. 4.62.) Cash dividend per share $

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