Please ASAP Q1

Question 1 of 4 View Policies 0716 Show Attempt History Current Attempt in Progress * Your answer is incorrect At the beginning of its first year of operations, Waterway Limited has 4,900, $4 preferred shares and 52,000 common shares. Using the format shown below, allocate the total dividend paid in each year to the preferred and common shareholders, assuming that the preferred shares are (a) noncumulative, and (b) cumulative. (a) ( (b) Dividend Paid Noncumulative Preferred Common Cumulative Preferred Common $19.600 1.688 $ 17.912 $ 1.688 $ 14,600 1.257 13,343 1,257 13. 33,600 2,893 30.707 2,893 30. 32,600 2,807 29.793 2,807 29. e Textbook and Media Seve for Later Attempts: 2 of 5 used Submit