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The outstanding share capital of Sheng Inc. Includes 49,000 shares of $960 cumulative preferred and 83.000 common shares all Issued during the first year of

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The outstanding share capital of Sheng Inc. Includes 49,000 shares of $960 cumulative preferred and 83.000 common shares all Issued during the first year of operations. During ts first four years of operations, the corporation declared and all the following amounts in dividends Total Ye Dives Declare 2018 $ 0 2019 200 1,018, 2001 489,000 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 Total Dividenda 2020 2018 2019 2121 Total 5 Preferred Coon To 5 0 05 05

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