Question 1 of 4 +/12 Tii View Policies Current Attempt in Progress 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 (a) +712 Assume that MacGill had issued 110,000 common shares and 25,000, 11%, non-cumulative preferred shares with a share capital of $1,500,000. 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 Attempts: 0 of 1 used Submit Answer Save for Later