The shareholders equity of WBL Industries includes the items shown below. The board of directors of WBL declared cash dividends of $3 million, $18 million, and $110 million in its first three years of operation2016, 2017, and 2018, respectively.

	($ in millions)
Common stock	$	100
Paid-in capitalexcess of par, common		890
Preferred stock, 6%		200
Paid-in capitalexcess of par, preferred		610

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).)