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Question 3 (3 points) Saved Pollock's Inc was formed in January 2020. Since the company was organized it has had outstanding 5,000 shares of $10

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Question 3 (3 points) Saved Pollock's Inc was formed in January 2020. Since the company was organized it has had outstanding 5,000 shares of $10 preferred shares and 18,000 common shares it has declared and paid dividends each year as follows Year 2020 2021 Total Dividends Declared and Pad $32 000 574.000 Required: Calculate the total dividends paid in each year to each class of shareholders assuming the preferred shares are cumulative. B TV - Year Prele

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