The following data have been extracted from the books of ABC plc: Issued ordinary share capital....... ..300,000 Issued Preference share capital......200,000 Preference Dividend Paid ......... ..5,000 Notes: The authorized share capital of ABC plc is 1.000.000, divided into 400.000 7% preference shares of 0,50 each and 1.600.000 ordinary shares of 0,50 each. The directors recommend (proposed): 1) The preference dividend to be paid in full, and 2) An ordinary dividend of 0,05 per share should be paid. Requirement: Calculate the proposed ordinary and preference dividend (All calculation must be shown to the nearest euro). MARKS 10 1 A B I E c? dul