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The outstanding share capital of Sheng Inc. Includes 51.000 shares of $9.60 cumulative preferred and 86,000 common shares, all Issued during the first year of
The outstanding share capital of Sheng Inc. Includes 51.000 shares of $9.60 cumulative preferred and 86,000 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: Total Year Dividends Declared 2018 S 517.688 2eze 1.058,00 2021 517,280 2019 Required: Determine the total dividends pald in each year to each class of shareholders. Also determine the total dividends paid to each class over the four years. 2018 2021 Total 517,000 $ Total Dividends 2019 2020 517,000 of 517.000 $ 0 Preferred Commons Total $ 0 $ of $ 0 $ $ 0
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