Question: 1 - On January 1 , 2 0 2 2 , Dunn Trading Co . repurchased 1 , 0 0 0 of its shares for

1- On January 1,2022, Dunn Trading Co. repurchased 1,000 of its shares for $24 per share. On September 30,2022, Dunn resold 500 of the shares for $28 per share.The journal entry to record the reissuance will include2-Celtar ple has outstanding 50,000(S50 par value)5% cumulative anes. The participating preference shares and 360,000($1 par value) ordinary shares. preference shares were issued in January 2020, and no dividends were declared in 20212022. In 2023, Celtar declares a cash dividend of $500,000.Compute dividends received by the preference and ordinary shares, respectively:3-

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