View Policies Current Attempt in Progress E. MacGill Inc. paid out cash dividends at the end of each year as follows: Year Dividends 2018 $525,000 2019 $602,000 2020 $803,000 Assume that MacGill had issued 110,000 common shares and 25,000, 11%, non-cumulative preferred shares with a share capital of $1,500,000. How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares? Year 2018 CA $ Preferred 2019 $ 2020 $ eTextbook and Media $ Common $ to $ $ $ Total !! Assume that MacGill had issued 47,000 common shares with share capital of $5,170,000, and 20,000, 7% cumulative, preferred shares that were two years in arrears as at January 1, 2018, with a share capital of $2,500,000. How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares? Year 2018 tA $ 2019 $ 2020 Preferred eTextbook and Media A EA Common SA LA tA Total Attempts: 0 of 3 used Submit