P Assessment Player Ul Application Question 2 of 6 < < View Policies Current Attempt in Progress Flatfish Limited reported the following items in shareholders' equity on December 31, 2020: Share capital: Preferred shares. $6 cumulative dividend, 151,000 shares issued and outstanding Share capital: Common shares, 689,000 issued and outstanding Retained earnings $15,100,000 20,670,000 22,750,000 -/1E No dividends were declared in 2018 or 2019: however, in 2020, cash dividends of $4,785,000 were declared. Calculate how much would be paid to each class of shares Preferred 2018 arrears $ 2019 arrears 2020 $ Common $ Total $ Assuming that the number of common shares remained constant throughout 2020, what was the cash dividend per share distributed to the common shareholders? (Round answer to 2 decimal places, eg. 4.62.) Cash dividend per share $ Sevedic Lity Attempts: 0 of 2 used Submit Answer MacBook Air