The shareholders' equity of ILP Industries includes the items shown below. The board of directors of ILP declared cash dividends of $11 million, $21 million, and $160 million in its first three years of operation-2018, 2019, and 2020, respectively Common stock Paid-in capital-excess of par, common Preferred stock, 8% Paid-in capital-excess of par, preferred (s in millions) $125 830 250 550 Required: 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. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Par Value Preferred Stock Dividend Rate Annual Preferred Dividend Annual ferred Dividend: Total Cash Dividend Paid Paid to PreferredCommon Dividends in Arrears at ear-end Paid to 2018 2019 2020 Total 0