In 20X3, Snowboard Ltd. had the following share capital outstanding: $1,400,000 Preferred shares, no-par value; $1.90 dividend: authorized, unlimited shares; issued, 100,000 shares Common shares, no-par value; authorized, unlimited shares; issued, 760,000 shares 1,064,000 No dividends were declared in 20X1 or 20x2, but $1,990,000 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