The outstanding share capital includes 54,000 shares of $9.60 cumulative preferred and 89,000 common shares, all issued during the first year of operations. During its first four years of operations, the corporation declared and paid the following amounts in dividends:

Year	Total Dividends Declared
2018	$	0
2019		546,000
2020		1,118,000
2021		546,000

Required: Determine the total dividends paid in each year to each class of shareholders. Also determine the total dividends paid to each class over the four years.

2018 Answer is complete but not entirely correct. Total Dividends 2019 2020 2021 Total $ 518,400 $ 518,400 $ 518,400 $ 1,555,200 $ 27,600 $ 599,600 $ 27,600 $ 654,800 $ 546,000 $ 1,118,000 $ 546,000 Preferred $ 0 Common $ 0 Total 0