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The outstanding share capital of PSUT Co.consists of 2,000 shares of JOD 100 par value, 6% preference, and 5,000 shares of JOD 50 par value

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The outstanding share capital of PSUT Co.consists of 2,000 shares of JOD 100 par value, 6% preference, and 5,000 shares of JOD 50 par value ordinary. Instructions: Assuming that the company has retained earnings of JOD 90,000, all of which is to be paid out in dividends. and that preference dividends were not paid during the 3 years preceding the current year, determine how much each class of shares should receive under each of the following conditions. The preference shares are cumulative and non-participating. 1 point Your answer - The preference shares are cumulative and participating. (Round dividend 2 points rate percentages to four decimal places.) Your

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