Chapter 12 Lab Problem 12-5A Dividend allocation LO5 Saved 16 19 poets Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31 2020 $3,000,000 eblock Piet Preferred shares, $4.50 non-comulative, 47,000 shares authorized and issued Common shares, $2,000 shares authorized and issued 'All shares were issued during 2018 During its first three years of operations, Garda World Security Corporation declared and paid total dividends as shown in the last column of the following schedule Required: Part A 1. Calculate the total dividends paid in each year to the prefered and to the common shareholders Year Pretired Dividend Common Dividend Tetal Dindent 2018 $ 162,000 S $ 12,000 2019 2020 211,500 11.500 100.500 350 500 400,000 52.000 ses,000 541.000 $ 1,126,000 Help Save & Ex 19 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020. (Round the final answers to 2 decimal places.) Dividends Paid per Share 16 points Preferred shares Common shares lo P References Part B 1. Calculate the total dividends paid in each year to the preferred shares and to the common shareholders assuming preferred shares are cumulative Year Preferred Dividend Common Dividend Total Dividend 2018 $ 162,000 2019 2020 9 402,000 562,000 Total for three year S 05 0 $ 1,125,000 References 2. Calculate the dividends paid per share to both the preferred and the common shares in 2020 assuming preferred shares are cumulative. (Round the final answers to 2 decimal places.) Preferred shares Common shares Dividends Paid per Share