Pete Corp purchased 60% of the shares of Spidey Corp on January 1, 2021. The fair values of all the assets and liabilities of Spidey on that date were equal to their book values, except Spidey had unrecorded intangible assets with a fair value of $300,000 and a useful life of 3 years. 

Shareholders' equity of Spidey consists of 150,000 preferred shares. There are also common shares and retained earnings. 

The preferred shares are cumulative and pay dividends of $1 per share per year. The dividends on the preferred shares were last paid on December 31, 2019. 

During the year-ended December 31, 2021, Pete Corp had net income of $2,000,000 and Spidey Corp had net income of $500,000. Spidey declared and issued $575,000 of dividends during the year ended December 31, 2021. 

A) Calculate the dividends issued to the common shareholders of Spidey Corp. during the year ended December 31, 2021. 

B) Calculate the consolidated net income attributable to the equity holders of Pete for the year ended December 31, 2021.