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Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Share capital: Preferred shares. $6 cumulative dividend, 164,000 shares issued and outstanding

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Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Share capital: Preferred shares. $6 cumulative dividend, 164,000 shares issued and outstanding Share capital: Common shares, 741,000 issued and outstanding Retained earnings $16,400,000 29,640,000 23,190,000 No dividends were declared in 2018 or 2019; however, in 2020, cash dividends of $5,063,850 were declared. Calculate how much would be paid to each class of shares. Preferred Common Total $ 2018 arrears 2019 arrears 2020 e Textbook and Media Assuming that the number of common shares remained constant throughout 2020, what was the cash dividend per share distributed to the common shareholders? (Round answer to 2 decimal places, eg. 4.62.) $ Cash dividend per share

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