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Jennifer OTB Corporation reports the following shareholders' equity as of December 31, 2021: $1,495,000 Preferred shares, $4.00, 515,000 shares authorized, 115,000 shares issued and outstanding

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Jennifer OTB Corporation reports the following shareholders' equity as of December 31, 2021: $1,495,000 Preferred shares, $4.00, 515,000 shares authorized, 115,000 shares issued and outstanding Common shares, unlimited shares authorized, 196,000 shares issued and outstanding Retained earnings 2,524,480 3,260,000 $7,279,480 Assume the board of directors declares dividends totaling $1,560,920 to the shareholders. The preferred shares are cumulative, and no dividends were declared last year. Calculate the amount per share each class of shares will receive. (Round answers to 2 decimal places, eg, 5.75.) Preferred shares Common shares Amount per share $ Save for later Attempts: 0 of 1 used Submit

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