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pls put each step on how you got each number so its easier to follow along E. MacGill Inc, paid out cash dividends at the

pls put each step on how you got each number so its easier to follow along image text in transcribed
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E. MacGill Inc, paid out cash dividends at the end of each year as follows: Year Dividends 2018 $525,000 2019 $602,000 2020 $803,000 Assume that MacGill had issued 110,000 common shares and 25,000, 11%, non-cumulative preferred sh capital of $1,500,000. How much cash would be paid out in 2018, 2019, and 2020 as dividends to each c Year Preferred Common Total 2018 $ 165,000 $ 360,000 $ 525,000 2019 165,000 $ $ $ 2020 $ 165.000 $ eTextbook and Media Assume that MacGill had issued 47,000 common shares with share capital of $5,170,000 million, and 20,000, 7% cumulative, preferred shares that were two years in arrears as at January 1, 2018, with a share capital of $2,500,000. How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares? Year Preferred Common Total $ 2018 $ $ $ 2019 $ $ $ 2020 $ $ e Textbook and Media

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