Question 3: (5 marks): In the following it is assumed that the corporation has outstanding 20.000. %6. preferred shares, with a carrying value of $ 200,000, and 80.000 common shares, with a carrying value of $ 800,000. Although dividends have been paid regularly up to 2017, no dividends were declared in 2018 or 2019. At December 31, 2020, the board of directors wants to distribute $ 200,000 in dividends. Required: How much each class of shares receive dividends if preferred shares are non-cumulative but participating