problem 12-5A Dividend allocation LO5 el Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2017. Preferred shares, $4.48 non-cumulative, $2,880,000 45,000 shares authorized and issued Common shares. 1,280,000 80,000 shares authorized and issued .All shares were issued during 2015. During its first three years of operations, Garda World Security Corporation declared and paid total divi dends as shown in the last column of the following schedule. Required Part A areas. Complete the following schedule by filling in the shaded 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders. Total Preferred Dividend Dividend Dividend 160,000 2015 400,000 2016 560,000 2017 $1,120,000 Total for three years 2. Caleulate the dividends paid per share to both the preferred and the common shares in 2017