The shareholders' equity of WBL Industries includes the items shown below. The BOD of WBL declared cash dividends of $8 million, $20 million, and $150 million in the first three years of operations. ($ in millions) Common Stock 100 Paid-in capital - excess of par, common 980 Preferred stock, 8% 200 Paid-in capital - excess of par, preferred 555 Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years. Preferred shares are cumulative and non-participating.