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The outstanding share capital of Sheng inc. includes 54,000 shares of $960 cumulative preferred and 89,000 common shares, all issued during the first year of

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The outstanding share capital of Sheng inc. includes 54,000 shares of $960 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: Required: Determine the total dividends paid in each year to each clats of sharehoiders. Azo determine the total diviciendi paid to each ciass ovet the four years amounts in dividends: Required: Determine the totat dividends paid in eoch year to each class of shareholders. Also determine the total dividends paid to each ciass over the four years

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