2 Question 1 (Marks 14) E. MacGill Inc. paid out cash dividends at the end of each year as follows: Year Dividends 2018 $525,000 2019 $600,000 2020 $750,000 Required A Assume that MacGill had issued 100,000 common shares and 25,000, 10%, non-cumulative preferred shares with a share capital of $ How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares (Marks 6) Year Prefered Shared Common Shares Total Assume that MacGill had issued 50,000 common shares with share capital of $5.5 million, a nd 20,000,7% cumulative, preferred shares that were two years in arrears as at January 1, 2018, with a share capital of $2.5 million. ow much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares (Marks 8) Year Prefered Shared Common Shares Total 2 Question 1 (Marks 14) E. MacGill Inc. paid out cash dividends at the end of each year as follows: Year Dividends 2018 $525,000 2019 $600,000 2020 $750,000 Required A Assume that MacGill had issued 100,000 common shares and 25,000, 10%, non-cumulative preferred shares with a share capital of $ How much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares (Marks 6) Year Prefered Shared Common Shares Total Assume that MacGill had issued 50,000 common shares with share capital of $5.5 million, a nd 20,000,7% cumulative, preferred shares that were two years in arrears as at January 1, 2018, with a share capital of $2.5 million. ow much cash would be paid out in 2018, 2019, and 2020 as dividends to each class of shares (Marks 8) Year Prefered Shared Common Shares Total