ier gnimu i 02dMno bt nw dul da Wade's outstanding shares consist of 40,000 noncumulative 7.5% preference shares with a $10 par value and also 100,000 ordinary shares with a $1 par value. During its first four years of operation,, the corporation declared and paid the following total cash dividends. alue, 8% thave been ot $ 10,000 2011 24,000 2012 EXEBCIZES 100,000 2013 lo doso wod sdma 196,000 o 2014 Determine the amount of dividends paid each year to each of the two classes of shareholders: preference and ordinary. Also compute the total dividends paid to each class for the four years combined. Use the data in Exercise 12-6 to determine the amount of dividends paid each year to each of the two classes of shareholders assuming that the preference shares are cumulative. Also determine the total dividends paid to each class for the four years combined. O to000,a noitoo qe gnivollood o dss onu no i bnoo ul bo on obe Svd uley ig 052 19