Required 1 Required 2 For Adita Inc. in Industry C, assume that preferred stock is cumulative and compute the amount of cash dividends paid in each of Years 1, 2, 3, and 4 for each of the two classes of shareholders. Also calculate the total cash dividends paid out to each class for Years 1, 2, 3, and 4 combined. (Round your "Dividend per Preferred Share" answer to 2 decimal places.) Important! Be sure to click the correct Industry at the top of the dashboard. Par Value Industry C per Preferred Share Preferred Stock Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend Total Cash Dividend Paid to Preferred Paid to Common Paid Year 1 $ 35,000 Year 2 42,000 Year 3 294,000 Year 4 504,000 Totals $ 875,000 $ 0 $ 0 Dividends in Arrears at year-end Show less Year 1 Year 1 Commo Preferr Cash Dividends Distributed: $35,000 k Share 2 Year 2 Cash Dividends Distributed: $42,000 d Stoc Price ar3 FOI Year 3 Cash Dividends Distributed: $294,000 r Value ar 4 Common Stock Par Value Per Sha Year 4 Cash Dividends Distributed: $504,000 Stoon Chart Price Sha Preferred Stock: 70,000 shares Common Stock: 180,000 shares Preferred Stock Dividend Rate 6% Common Stock Par Value Per Share Preferred Stock Par Value Per Share $0.01 $20.00 Year 1 Common Stock Share Price: $20 r 2 Year 2 Common Stock Share Price: $28 Year 3 ea Common Stock Share Price: $25 L Year 4 Common Stock Share Price: $35 K