On April 30, the directors of Splish Brothers Corporation declared dividends of $0.65 per common share and directed that preferred dividends be paid as required to the shareholders of record on May 14, payable May 28. The company has 15,800 $0.70 preferred and 52,900 common shares issued. No dividends were paid in the previous fiscal year.

a.calculate the amount of dividends that would be paid if the preferred shares are cumulative.