The Rayner Corporation had both ordinary shares and preference shares outstanding from \(20 \times 1\) Share Dividends through \(20 \times 3\). Information about each share for the three years is as follows:

The company paid \(140,000,800,000\), and \(1,100,000\) in dividends for \(20 \times 1\) through \(20 \times 3\), respectively.

REQUIRED 1. Determine the dividend per share paid to the ordinary and preference shareholders each year.
2. Repeat the calculation performed in \(\mathbf{1}\), with the assumption that the preference shares were noncumulative.

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Preference Ordinary Nominal Value Shares Outstanding 100 40,000 20 600,000 Other 7% cumulative