View Policies Current Attempt in Progress Vermillion Corporation issued 756,000 $1.0 noncumulative preferred shares. In its first year of operations, it paid $546,000 of dividends to its preferred shareholders. In its second year, the company paid dividends of $462,000 to its preferred shareholders. (a) What is the total annual preferred dividend supposed to be for the preferred shareholders? Total annual preferred dividend eTextbook and Media Save for Later $ Attempts: 0 of 3 used Submit