The shareholders' equity of WBL Industries includes the items shown below. The board of directors of WBL declared cash dividends of $8 million, \$20 million, and $150 million in its first three years of operation-2013. 2014 , and 2015 , respectively. Required: Determine the amount of dividends to be paid to preference and ordinary shareholders in each of the three years, assuming that the preference shares are cumulative and nonparticipating