Question: please provide answer and solution in same format Selected T-accounts for Jade Mineral Corporation at December 31, 2020, are duplicated beiow. Note: - Dividends were



Selected T-accounts for Jade Mineral Corporation at December 31, 2020, are duplicated beiow. Note: - Dividends were not poid during 2018 or 2019, Dividends of $4,20 per common share were deelared and paid for the year enced December 31,2020 - 2018 was the first year of operations. - All shares were issued in the first year of operations. Redulred: Using the information providedi answer the follewing questions. Required: Using the information provided, answer the following questions. 1. What is the total amount of dividends that the preferred shareholders are entitled to receive per year? 2. Are there any dividends in arrears at December 31, 2019? If yes, calculate the dividends in arrears. 3. Calculate total dividends paid during 2020 to the: 4. Dunng 2020 , the company earned profit of $402,000, Caiculate tho balance in the Retained Earrings account at the erid of 2020 5. Calculate Totat Contriouted Capital at the end of 2020 . 6. Calculate Total Equity at December 31, 2020. 7. How many more preferred shares are avaliable for issue at Decomber 31,2020 ? 8. What was the average issue price per share of the preferred shares at December 31,2020 ? (Round the final answer to one decimal place.)
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