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The outstanding share capital of Sheng lnc, includes 51.000 shares of $9.60 non-cumulative preferred and 86,000 common shares, all issued during the first year of

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The outstanding share capital of Sheng lnc, includes 51.000 shares of $9.60 non-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: Required: Required: Determine the total dividends paid in each year to each class of shareholders under the assumption that the preferred shares are noncumulative, Aso determine the total dividends paid to each class over the four years, (Leave no cells blank, enter "On where ever required.)

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