CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 2 Not yet answered Marked out of 6.00P Flag question Dividend Distribution Gardner Corporation began business on June 30, 2013. At that time, it issued 18,000 shares of $50 par value, six percent, cumulative preferred stock and 90,000 shares of $10 par value common stock. Through the end of 2015, there had been no change in the number of preferred and common shares outstanding Required a. Assume that Gardner declared dividends of $54,000 in 2013, $0 in 2014, and $108,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015. Round to two decimal places Preferred Stock Common Stock Preferred per share Common Year per share 2013 $ 2014 2015 b. Assume that Gardner declared dividends of $0 in 2013, $108,000 in 2014, and $195,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015. Round to two decimal places Preferred Stock Common Stock Preferred per share Common Year per share 2013 $ 2014 2015