Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2020.

Preferred shares, $4.48 non-cumulative,

45,000 shares authorized and issued*......................................................................... $2,880,000 Common shares,

80,000 shares authorized and issued*......................................................................... 1,280,000 *All shares were issued during 2018

During its first three years of operations, Garda World Security Corporation declared and paid total dividends as shown in the last column of the following schedule.

Required Part A Complete the following schedule by filling in the shaded areas. 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders. Preferred

Common Year 2018 2019 2020 Total for three years Total

Dividend Dividend Dividend $ 160,000

400,000 560,000 $1,120,000 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020. 851

ANSWER IN EXCEL FORMAT