Torres Company began business on June $30,2018.$ At that time, it issued $40,000$ shares of $$40$ par value, $8\%$ cumulative preferred stock and $160,000$ shares of $$5$ par value common stock. Through the end of $2020,$ there has been no change in the number of preferred and common shares outstanding.

a$.$ Assume the company declared and paid cash dividends of $$164,800$ in $2018,$ $$0$ in $2019,$ and $$737,600$ in $2020.$ Compute the total cash dividends and the dividends per share paid to each class of stock in $2018,2019,$ and $2020.$

$2018$ Total Dividends Dividends per Share

Preferred shareholders: Answer $1$

Answer $2$

Common shareholders: Answer $3$

Answer $4$

$2019$ Total Dividends Dividends per Share

Preferred shareholders: Answer $5$

Answer $6$

Common shareholders: Answer $7$

Answer $8$

$2020$ Total Dividends Dividends per Share

Preferred shareholders: Answer $9$

Answer $10$

Common shareholders: Answer $11$

Answer $12$

b$.$ Assume the company declared and paid cash dividends of $$0$ in $2018,$ $$256,000$ in $2019,$ and $$444,800$ in $2020.$ Compute the total cash dividends and the dividends per share paid to each class of stock in $2018,2019,$ and $2020.$

$2018$ Total Dividends Dividends per Share

Preferred shareholders: Answer $13$

Answer $14$

Common shareholders: Answer $15$

Answer $16$

$2019$ Total Dividends Dividends per Share

Preferred shareholders: Answer $17$

Answer $18$

Common shareholders: Answer $19$

Answer $20$

$2020$ Total Dividends Dividends per Share

Preferred shareholders: Answer $21$

Answer $22$

Common shareholders: Answer $23$

Answer $24$