XTC Corporation has 1,500, $10 preferred shares and 45,000 common shares outstanding. Part A Required: Calculate the total dividends paid in each year to the preferred and common shareholders assuming the preferred shares are CUMULATIVE. Part B Required: XTC Corporation reported $355,000 net income for 2021. Calculate the company's 2021 earnings per share (to the nearest cent). A- Ff TE B I U s X2 x2 jii S = Illl I Part A Total Dividends Declared and Paid Year Preferred Dividends Common Dividends 2020 $10,000 2021 $20,000 2022 $30,000 Part B