View Policies Current Attempt in Progress Vaughn Fashions has 2,800 shares of 6%, 100 par value preference shares outstanding at December 31, 2020. At December 31. 2020, the company declared a 124,000 cash dividend. Determine the dividend paid to preference shareholders and ordinary shareholders under each of the following scenarios. Dividend paid to preference shareholders Dividend paid to ordinary share holders 1. The preference shares are non-cumulative, and the company has not missed any dividends in previous years. 2 The preference shares are non-cumulative and the company did not pay a dividend in each of the two previous years. . 3. The preference shares are cumulative, and the company did not pay a dividend in each of the two previous years. Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 15% score reduction after attempt 2