View Policies Current Attempt in Progress Sandhill Corporation has 8,900 shares of $100 par value, 6%, preference shares and 52,000 ordinary shares of $10 par value outstanding at December 31, 2020. Answer the questions in each of the following independent situations. (a) If the preference shares are cumulative and dividends were last paid on the preference shares on December 31, 2017, what are the dividends in arrears that should be reported on the December 31, 2020, statement of financial position? (b) Cumulative dividend $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer tv