Kindly put a proper format and solution for this question. Thank you.

NAME: SCORE: SECTION: PROFESSOR: Problem #22 preference and Ordinary Share Dividends The Jardiolin Corporation had the following shares outstanding from 2017 through 2020: Preference Shares, P50 par, 8% cumulative, 10,000 shares authorized, issued and outstanding Ordinary Shares, P5 par, 200,000 shares authorized, issued and outstanding The corporation paid P30,000, P30,000, P94,000, and P130,000 in dividends during 2017, 2018, 2019 and 2020, respectively. Required: 1. Determine the dividend per share and the total dividends paid to ordinary shareholders and preference shareholders in 2017, 2018, 2019 and 2020. 2. Perform the same computations, with the assumption that the preference share was noncumulative