HW Score: $68\mathrm{.}2\%,6\mathrm{.}82$ of $10$ pointsPoints: $1\mathrm{.}81$ of $4$Shareholders' equityThe company declared dividends of $$170,000,$ payable on January $14,2022,$ to the shareholders of record on December $31,2021.$ Indicate the amount that would be payable to the preferred shareholders and to the common shareholders. Class A and Class B shares receive the same per$-$share dividend.The company reported net income after taxes of $$80,000$ and closed the Income Summary account.The company sold $10,000$ preferred shares at $$22\mathrm{.}50$ per shareThe company paid the dividend declared on December $1,2021.$The company sold $15,000$ Class B common shares at $$5\mathrm{.}00$ per share.The company declared dividends of $$75,000,$ payable on January $13,2023,$ to the shareholders of record on December $31,2022.$ Indicate the amount that would be payable to the preferred shareholders and to the common shareholders.December $31,2022$ The company reported net income after taxes of $$63,000$ and closed the Income Summary account.

January $13,2023$ Paid the dividend declared on December $2,2022.$

$\backslash$table$[[$Shareholders$\text{'}$ Equity$],[$Contributed capital:,$],[\backslash$table$[[$Preferred shares, $$0\mathrm{.}75,$ cumulative $(3$ years in arrears$),],[$liquidation price of $$25,100,000$ shares authorized, $40,000$ shares$],[$issued and outstanding$]],800,000],[\backslash$table$[[$Common shares: Class A$,15,000$ shares authorized, issued, and$],[$outstanding$]],120,000],[\backslash$table$[[$Class B$,$ unlimited number of shares authorized, $75,000$ shares$],[$issued and outstanding$]],375,000],[$Total contributed capital,$1,295,000$