Wildhorse Corporation began operations in 2022 with the following capital structure: 1. Common shares, Class A: 8,030,000 authorized and outstanding. The Class A common shares are entitled to 10 votes per share and to receive dividends as declared by the board of directors. Total share capital for the Class A common shares at the end of the year was $16.06 million. 2. Common shares, Class B: unlimited authorized; 1,000,000 issued and outstanding. Class B shares are entitled to one vote per share. The Class B shares receive dividends as declared by the board of directors equal to Class A shares. Total share capital for the Class B shares at the end of the year is $35.00 million. 3. Preferred shares: unlimited authorized; 3,420,000 issued and outstanding. The cumulative participating preferred shares are non-voting and received a preferential dividend of $0.15 per share per year. Total share capital for the preferred shares as at the end of the year was $17.10 million. (a) Wildhorse Corporation did not declare any dividends in 2022 or 2023. What is the amount of dividends in arrears