Q1: The total amount of common shares issued as at December 31, 2015 is:

Q2:The total amount of preferred shares issued as at December 31, 2015 is:

Q3:The total amount of cash dividends declared to the preferred shareholders in the year of 2015 is:

Q4:The amount of retained earnings reported on the financial statement of position as at December 31, 2015 is:

Henderson Ltd, a publicly traded company, is authorized to issue 200,000 $4 cumulative preferred shares and an unlimited number of common shares. On January 1, 2015, the general ledger contained the following shareholders' equity accounts: Preferred shares (8,000 shares issued) $ 440,000 Common shares (70,000 shares issued) 1,050,000 Additional contributed capital 25,000 Retained earnings 800,000 Accumulated other comprehensive income 10,000 The following equity transactions occurred in 2015: Feb. 6 Issued 10,000 preferred shares for $600,000 Apr. 6 Issued 20,000 common shares for $560,000. May 29 Declared a semi-annual cash dividend to the preferred shareholders of record at June 12, payable July 1 (Hint: the semi-annual dividend would be half of the annual dividend). Aug. 22 Issued 5,000 common shares in exchange for a building. At the time of the exchange, the building was valued at $165,000 and the common shares at $150,000. Dec. 15 The board decided there were insufficient funds to declare the semi-annual dividend to the preferred shareholders