In 20X3. Snowboard Ltd. had the following share capital outstanding Preferred shares, no par value; $1.2e dividend: authorized, unlimited shares; issued, 100,000 shares Common shares, no-par value; authorized, unlimited shares; issued, 480,000 shares $1,250,000 642,000 No dividends were declared in 20x1 or 20x2, but $1,000,000 of dividends were declared in 20x3. Required: Calculate the amount of dividends that would be paid in 20x3 to each share class under the following separate cases: Case A Preferred shares are cumulative and non-participating Total Paid Preferred Common Year 20X3 allocation Arrears Current Remainder Total Case B Preferred shares are cumulative and participating with common shares after the common shares receive a $1 per share dividend. Participation is based on relative annual total base dividends. Total Paid Preferred Common Year 20x3 allocation Arrears Current Matching Remainder Total $ 05 0$