Holt Company paid out cash dividends at the end of each year as follows: Year 2018 Dividends $264,000 $336,000 $397,000 2019 2020 (a) Assume that Holt had 240,000 common shares and 9,000, 58, non-cumulative preferred shares. How much cash would be paid out in 2018, 2019 and 2020 to each class of shares? Year Preferred Common Total 2018 $ $ $ $ $ $ 2019 $ $ $ 2020