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The outstanding share capital of Sheng Inc. Includes 56.000 shares of $9.60 cumulative preferred and 91.000 common shares, all Issued during the first year of

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The outstanding share capital of Sheng Inc. Includes 56.000 shares of $9.60 cumulative preferred and 91.000 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 $ 2019 565.888 1,158, 2021 565,00 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. Total Dividends 2020 2018 2019 2021 Total Preferred Common

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