Identifying and Analyzing Financial Statement Effects of Dividends The statement of shareholders' equity of Reliable Storage Corporation for the year ended December $31,$ reports the following dividends paid to shareholders $(\backslash$$ thousands$).$ The year$-$end balance sheet includes the following $(\backslash$$ thousands except share data$).$ a$.$ Use the financial statement effects template to indicate the effects of $($a$)$ the preferred dividend declaration and payments and $($b$)$ the common dividend declaration and payments Note: For each account category, indicate the appropriate account name. Enter $"$N$/$A$"$ for any account category that is not used for a given transaction. Note: Indicate a decrease in an account category by including a negative sign with the amount.b$.$ Determine the dividends per share for both classes of stock. Note: Round your answers to two decimal places $($for example, enter $67\mathrm{.}49$ for $67\mathrm{.}48555).$ Please answer all parts of the question.Identifying and Analyzing Financial Statement Effects of Dividends

The statement of shareholders' equity of Reliable Storage Corporation for the year ended December $31,$ reports the following

dividends paid to shareholders $($$ thousands$).$

The answer you provided does not appear to fully relate to this problem for dividends per share $($DPS$).$ I$\text{'}$m trying to arrive at the

correct response for the dividends per share below:

Preferred shares: $$216,\frac{316}{161},000=1\mathrm{.}3435=$$$1\mathrm{.}34$

Common shares: $$1,396,\frac{364}{174},130,881=0\mathrm{.}00801=$$$0\mathrm{.}008$

Identifying and Analyzing Financial Statement Effects of Dividends

The statement of shareholders equity of fieliable storage Corporation for the year ended December $31,$ reports the following dividends paid to shareholders $(5$ thousands$).$

Freferredshares

Common shares

$$216,316$

Tha year$-$end balance sheot includes the following $($$$ thousands except share data$).$

Freferred Shares, $$0\mathrm{.}01$ par value, $100,000,000$ shares authorized,

$161,000$ shares issued and oucsanding $$4,025,000$

$\backslash$table$[[$Common Shares, $50\mathrm{.}10$ par volue, $650,000,000$ shores authorized, $174,190,881,$shores issued and outstandirg,$$17,413$