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The outstanding share capital of Sheng Inc, includes 37,000 shares of $9.60 cumulative prefereed and 72,000 common shares, all issued during the first year of

The outstanding share capital of Sheng Inc, includes 37,000 shares of $9.60 cumulative prefereed and 72,000 common shares, all issued during the first year of operations. During its first four years of operatjons, the corporation declared and paid the following amounts: image text in transcribed
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
image text in transcribed
Total Year Dividends Declared 2018 $ 0 2019 380,000 2020 1,078,000 2021 380,000 ok Total Dividends 2020 2018 2019 2021 Total 0 Preferred Common Total $ $ 0 05 $ 0 $ 0

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