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Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dited December 31 2020 Preferred shares, $4.43 non-cumulative,

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Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dited December 31 2020 Preferred shares, $4.43 non-cumulative, 40,000 shares authorized and issued Common shares, $2,560,000 75,000 shares authorized and truedo 1,200,000 "All shares were issued during 2018. During its first three years of operations, Gardo World Security Corporation declared and paid total dividends as shown in the last column of the following schedule. Required: Part A 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders Preferred Common Total Year Dividend Dividend Dividend 2018 155,000 $ OS 155.000 2019 177 200 217,800 395.000 177 200 2020 555.000 377.800 Total for three 5 509 400 $ 595,500 5 1.105,000 years 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020. (Round the final answers to 2 decimal places.) Dividends Pald per Share $ 177,200.00 Preferred shares Common shares $ 377,800.00 Part B 1. Calculate the total dividends paid in each year to the preferred shares and to the common shareholders assuming preferred shares are cumulative Year 2018 2019 2020 Total for three years Preferred Dividend 155,000 199,400 177,200 Common Total Dividend Dividend $ 0 $ 155,000 195.600 395,000 377.800 555,000 $ 573.400 S 1.105.000 $ 531,600 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020 assuming preferred shares are cumulative. (Round the final answers to 2 decimal places.) Dividends Pald per Share $ 177,200.00 5 377.800.00 Preferred shares Common shares

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