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Shareholders' Equity - dividend transactions During 2 0 X 1 to 2 0 X 5 , IPO Corporation had the following issuances of shares outstanding

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Shareholders' Equity -dividend transactions
During 20X1 to 20X5, IPO Corporation had the following issuances of shares outstanding for the entire
period:
20,000 shares of $5.00 cumulative preferred shares
50,000 common shares issued at $10 each
Cash dividends declared by the board of directors during 20X1 to 20X5 were as follows:
Required: Compute the amount of total dividends and dividends per share payable to each class of shares
for 20X1 to 20X5.
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