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Q24. Dividends (8 minutes - 3 marks) Peas and Quiet was founded in 2019 and reported the following shareholders' equity items as at December 31,

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Q24. Dividends (8 minutes - 3 marks) Peas and Quiet was founded in 2019 and reported the following shareholders' equity items as at December 31, 2020 on its balance sheet. The company has a December 31, 2020 fiscal year-end. Preferred shares, $4.51 dividend per share, per year; 101,541 shares authorized, 80,442 shares issued/outstanding - $4,388,746 Common shares, 200,538 shares authorized, 145,279 shares issued/outstanding- $2,173,959 . Retained earnings - $3,486,250 Assume the board of directors declares dividends totaling $1,844,305 to the shareholders in 2020. The preferred shares are cumulative, and no dividends were declared in 2019. Calculate the total amount of dividends the common shareholders will receive in 2020. Please round your final answer to the nearest dollar. Do not round intermediary answers. Do not use $ signs in your final

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