Sheridan Inc. has the following shares outstanding at December 31, 2024: Common shares, $1,440,000 no-par value,...

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Sheridan Inc. has the following shares outstanding at December 31, 2024: Common shares, $1,440,000 no-par value, 9,600 shares issued and outstanding, unlimited number authorized. Preferred shares, $192,000, $5, no-par value, non-voting shares, and 1,920 shares issued and outstanding. Assume the following situations are independent. (a) The preferred shares are non-cumulative and non-participating. Dividends declared are $45,600. Determine the amount of the dividend that would be paid to each class of shares. (Do not leave any answer field blank. Enter O for amounts.) Preferred Amount of the dividend paid $ Common +A $ +A Total Sheridan Inc. has the following shares outstanding at December 31, 2024: Common shares, $1,440,000 no-par value, 9,600 shares issued and outstanding, unlimited number authorized. Preferred shares, $192,000, $5, no-par value, non-voting shares, and 1,920 shares issued and outstanding. Assume the following situations are independent. (a) The preferred shares are non-cumulative and non-participating. Dividends declared are $45,600. Determine the amount of the dividend that would be paid to each class of shares. (Do not leave any answer field blank. Enter O for amounts.) Preferred Amount of the dividend paid $ Common +A $ +A Total