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The shareholders' equity of Holland Industries includes the items shown below. The board of directors of Holland declared cash dividends of $23 million, $45 million,

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The shareholders' equity of Holland Industries includes the items shown below. The board of directors of Holland declared cash dividends of $23 million, $45 million, and $200 million in its first three years of operation 2024,2025, and 2026, respectively. Required: 1. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is cumulative and nonparticipating 2. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is noncumulative and nonparticipating. Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is cumulative and nonparticipating. Note: Enter your answers in millions (i.e,, 10,000,000 should be entered as 10 ). Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is noncumulative and nonparticipating. Note: Enter your answers in millions (i.e,, 10,000,000 should be entered as 10)

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