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(b) Assume the preferred share dividends were in arrears for one year; that is, the dividends were not paid in 2019. How was the $124,400 in cash dividends distributed between the two classes of shares? Preferred Common Total 2019 arrears $ 2020 SHOW LIST OF ACCOUNTS (b) Assume the preferred share dividends were in arrears for one year; that is, the dividends were not paid in 2019. How was the $124,400 in cash dividends distributed between the two classes of shares? Preferred Common Total 2019 arrears $ 2020 SHOW LIST OF ACCOUNTS