This question: $4$ point$($s$)$ possible

Superior Manufacturing Inc. reported the below shareholders' equity information for each of the years from $20$X$1$ to $20$X$5.$

View the shareholders' equity data.

Superior Manufacturing did not paid any preferred dividends in $20$X$2$ and $20$X$3.$

Requirement

Compute the total amounts of dividends to both preferred and common shareholders for $204$ and $205$ if total dividends paid were $$45,000$ in $204$ and $$90,000$ in $205.$

Compute the total amounts of dividends paid to the preferred and common shareholders for $204$ if total dividends paid were $$45,000$ in $204.$

Class of Shares

$20$X$4$ Dividends

Preferred

Common

Total

Compute the total amounts of dividends paid to the preferred and common shareholders for $20x5$ if total dividends paid were $$90,000$ in $205.$

Class of Shares

$20$X$5$ Dividends

Preferred

Common

Total

Shareholders' Equity Data

Shareholders' Equity

Preferred shares, cumulative, $$0\mathrm{.}08,50,000$ shares issued $......$ $$50,000$

Common shares, $9,210,000$ shares issued.................. $921,000$