Pina Corporation issued $151,000,$$$4\mathrm{.}50$ cumulative preferred shares to fund its first investment in wind generators. In its first year of

operations, it paid $$453,000$ of dividends to its preferred shareholders. In its second year, the company paid dividends of $$906,000$ to

its preferred shareholders.

What is the total annual preferred dividend supposed to be for the preferred shareholders?

Preferred dividends $

Question Part Score

Calculate any dividends in arrears in years $1$ and $2.($Do not leave any answer field blank. Enter $0$ for amounts.$)$

Year $1,$$

Year $2$$

Question Part Score

If the preferred shares were noncumulative rather than cumulative, what dividend would the company likely have paid its

preferred shareholders in year $2?($Enter dividend per share to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

The likely amount is $

per share, for a total of $