Optical Products Company reported the following shareholders' equity on its balance sheet:

Requirements
1. What caused Optical Products' preferred shares to decrease during 2014? Cite all the possible causes.
2. What caused Optical Products' common shares to increase during 2014? Identify all the possible causes.
3. How many shares of Optical Products were outstanding at December 31, 2014?
4. Optical Products' net income during 2014 was $1,410 million. How much were Optical Products' dividends during the year?

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December 31 2014 Shareholders' Equity (dollars and shares in millions) 2013 Convertible Preferred shares; issued and outstanding: $ 012 Common shares; authorized unlimited shares; issued: 1,900 5,006 $ 6,918 $48,918 $45,549 3,270 6,280 Retained earnings lital shcurduokterssity.. li sal liabilu ies atul talardarik lee;" 허'uly-............................................